Ray Dalio (investor and hedge fund manager)

Armchair Expert with Dax Shepard

Armchair Umbrella

Tv & Film, Music, Comedy

4.6 • 68.3K Ratings

🗓️ 26 May 2022

⏱️ 98 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ray Dalio (Principles for Dealing with the Changing World Order) is a global macro-investor and author. Ray joins the Armchair Expert to discuss how the world's economy is driven by debt, how investors can study history to try to predict financial outcomes, and how new world orders can shape the rules for the rest of humanity. Ray and Dax talk about what equal opportunity actually looks like, how education is affecting the future of the economy, and how compromise is the key to creating a system that works for everyone. Ray explains the different types of wars, how ideologies now rule in the public space, and how meditation has helped him with painful experiences in his life. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	Welcome welcome to arm chair expert experts on expert. I'm
0:03.6	Jack Shepard I'm joined by Mrs. Mouse. Hi. Meet me. Remember I want you to
0:07.8	have a sound effect. That's right I haven't perfected that. Okay a catchphrase.
0:11.4	Be me. I hope people realize what a huge deal this is Ray Dahlio is just
0:17.8	He's the Bill Gates of finance. I mean he is yeah he falls into this category we've only had a handful of these people that seem to understand everything about the world which is very fun when we're talking to somebody and you dance to some other topic and you go, oh, right, they don't just have a cursory knowledge of this.
0:33.4	They have the whole picture.
0:35.2	Yeah, there's like a full comprehension of all things on planet Earth.
0:39.8	Right.
0:40.8	Yeah, it's pretty wild.
0:41.8	It's pretty wild. Ray Dahlio is the founder and co-chief investment officer
0:45.8	of Bridgewater Associates and a director on its operating board of directors.
0:50.5	He has been a global macroeconomic investor for more than 50 years.
0:54.0	He runs the biggest hedge fund in the world.
0:57.0	It's the biggest most successful one ever.
0:59.0	He has this whole other side of his life, which is just like trying to spread his wisdom it's really
1:03.3	admirable because he doesn't need to do this he doesn't need to spend any time
1:06.1	yeah it's not for money no he's got three great books principles life and work and
1:11.0	then principles for dealing with the changing world order and
1:14.4	principles for navigating big debt crisis. We're talking a lot today about dealing with
1:18.6	the changing world order which he's got some really fascinating opinions on.
1:21.7	Also he's got an incredible YouTube video
1:24.2	he made and animated and spent a lot of time and energy
	...

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