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Money Rehab with Nicole Lapin

Ray Dalio (Part 1): Turning His Investing Principles Into a $150 Billion Hedge Fund

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 22 May 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

If you started investing any time within the last five years, it’s probably felt like a steady stream of firsts—between a global pandemic, changing interest rates, inflation, war, and recession fears, it’s been one plot twist after another. But it’s not a new story—it’s the same economic movie on repeat. And if you understand the principles behind it, you can learn to master the markets. That’s where today's guest Ray Dalio comes in. He’s the founder of Bridgewater Associates—the world’s largest hedge fund with over $150 billion under management—and the author of New York Times bestsellers like Principles, that’s become required reading from Wall Street to Silicon Valley. Ray literally wrote the book on how to invest through any cycle—and today, he’s here to teach you how. Pre-order Ray's latest book How Countries Go Broke here. Find all of Ray's books here.

Transcript

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0:00.0

One of the things I really love about my work is the fact that I can do it from anywhere.

0:03.7

Getting a change of scenery can really help inspire creativity in my work and has once or twice

0:08.5

or maybe more cured my writer's block.

0:10.7

Being a way for work, for fun, or for both is a perfect opportunity to host your space on

0:15.7

Airbnb.

0:16.9

That way, not only do you get to experience a new part of the world, but you're also making money while you're doing it.

0:22.5

And if you think hosting is overwhelming, I have a solve for you.

0:25.8

With Airbnb's co-host network, it is easier than ever before to host.

0:30.2

Now you can hire a high-quality local co-host to take care of your home and your guests.

0:35.0

They can do everything from creating your listing to managing

0:38.0

reservations to messaging guests and providing on-site support. They can even help with design and

0:43.1

styling. Also, by hosting on Airbnb, you can become part of another family's story, maybe even

0:48.9

their hero. As you know, I stayed in an Airbnb for months when my house burned down and I truly do not know what I would have done otherwise.

0:56.8

So if you've got a secondary property or an extended trip coming up and you need a little help hosting while you're away, you could hire a co-host to do the work for you.

1:04.7

Find a co-host at Airbnb.com slash host.

1:09.1

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

1:14.2

It's time for some money rehab.

1:22.9

Well, today's guest is going to teach you how to be a world-class investor. And I'll tell you why.

1:28.3

If you started investing any time within the last five years, you've probably felt like you've

1:33.3

been in shark-infested, uncharted waters in a rip tide.

1:36.3

I mean, as an investor, you've had to adapt to a lot.

1:39.3

A pandemic, SERP, the zero-interest rate policy that kept the economy running during said pandemic,

...

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