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Leaders with Francine Lacqua

Ray Dalio on his 'tough love' approach, meditating, debt and the global crisis

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 24 October 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

Francine Lacqua meets Ray Dalio on OceanX in the port of Nice for the UN Ocean Conference. They speak about radical transparency, building and leaving one of the largest hedge funds and what’s next.

Check out the Originals show:

https://www.bloomberg.com/news/videos/2025-10-10/ray-dalio-on-markets-debt-and-the-next-global-crisis-video

See omnystudio.com/listener for privacy information.

Transcript

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0:53.0

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1:01.4

Bloomberg Audio Studios, Podcasts, Radio News. Absolutely beautiful. So this is your chair.

1:11.6

Okay.

1:12.6

And then I'm going to be here.

1:14.6

It looks so beautiful.

1:16.6

Back in the spring, I boarded a massive ship

1:20.6

designed by Canadian filmmaker James Cameron

1:23.6

and owned by Ray Dalio,

1:25.6

the man behind one of the world's biggest hedge funds.

1:28.8

And actually, they were saying that because it's James Cameron, right?

1:32.0

That put it together? James Cameron?

...

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