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Lex Fridman Podcast

Ray Dalio: Principles, the Economic Machine, Artificial Intelligence & the Arc of Life

Lex Fridman Podcast

Lex Fridman

Philosophy, Society & Culture, Science, Technology

4.713K Ratings

🗓️ 2 December 2019

⏱️ 91 minutes

🧾️ Download transcript

Summary

Ray Dalio is the founder, Co-Chairman and Co-Chief Investment Officer of Bridgewater Associates, one of the world’s largest and most successful investment firms that is famous for the principles of radical truth and transparency that underlie its culture. Ray is one of the wealthiest people in the world, with ideas that extend far beyond the specifics of how he made that wealth. His ideas, applicable to everyone, are brilliantly summarized in his book Principles. This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman

Transcript

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0:00.0

The following is a conversation with Ray Dalham.

0:03.3

He's the founder, co-chairman,

0:05.1

and co-chief investment officer of Bridgewater Associates,

0:08.5

one of the world's largest and most successful investment firms

0:11.9

that is famous for the principles of radical truth

0:14.6

and transparency that underlies culture.

0:17.9

Ray is one of the wealthiest people in the world

0:20.8

with ideas that extend far beyond

0:22.5

the specifics of how you made that wealth.

0:24.9

His ideas that are applicable to everyone

0:27.4

are brilliantly summarized in his book, Principles.

0:30.7

They're also even further condensed

0:32.8

on several other platforms, including YouTube,

0:35.3

where, for example, the 30 minute video titled,

0:38.6

How the Economic Machine Works,

0:40.8

is one of the best educational videos

0:43.4

I personally have ever seen on YouTube.

0:46.6

Once again, you may have noticed

0:49.0

that the people I've been speaking with

0:50.6

are not just computer scientists,

0:52.5

but philosophers, mathematicians, writers,

0:55.1

psychologists, physicists, economists,

...

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