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60 Minutes

Sunday, April 7, 2019

60 Minutes

CBS News

Society & Culture, Tv & Film

3.82.6K Ratings

🗓️ 8 April 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bill Whitaker hears from Ray Dalio, one of America’s most successful investors of all time who has pledged to donate half of his $18 billion fortune to charity. This finance icon weighs in on the state of America’s economy and his principle of “radical truthfulness.” Plus, student debt has ballooned into an American crisis, particularly for medical students -- but Lesley Stahl learns about the New York University School of Medicine which recently announced that moving forward it would be tuition-free. And finally, L. Jon Wertheimer explores a lesser known World War II battle in Japan that has defined the remote island of Attu. All this on tonight’s “60 Minutes.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, it's CBS News, Chief Washington correspondent, Major Garrett, with a message from our sponsor,

0:05.0

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0:59.1

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1:11.0

This is fantastic. Isn't it great? This is fantastic. Here we go.

1:17.0

Ray Dalio is one of America's most successful investors of all time, who has pledged to give half of

1:23.5

his $18 billion fortune away to charity. It is mind blowing. He's an icon in the world of finance.

1:31.8

In part, because of his management principles, that includes what he calls radical truthfulness.

1:38.0

I wanted a system in which the best ideas went out. So what's Dalio prepared to say to 60 minutes

1:43.8

about the state of our economy today? Student debt is a crisis. Americans owe $1.5 trillion.

1:55.1

The burden for medical students is especially heavy. But now one of the country's top schools has

2:01.6

come up with a radical solution. The NYU School of Medicine is now a tuition-free medical school.

2:13.8

Saving these students more than $200,000 each. With the help that,

2:19.0

One day, if you deal with a patient who can't afford to have something done, you might say it's on me.

2:31.2

It was the only ground campaign waged in North America during World War II.

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