The Changing World Order & the Power of Diversification — ft. Ray Dalio

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6 • 722 Ratings

🗓️ 20 June 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ray Dalio, founder of the largest hedge fund in the world, Bridgewater Associates, joins the show to break down America’s place in a shifting world order. He discusses the mechanics of the U.S. deficit, and identifies an asset he’d go long on to hedge against economically uncertain times. He also shares personal tips on how he developed a saving mentality long before he became one of the most successful investors of all time. Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:48.5	today's number 38 inches that's the height of the world's tallest dog, a great Dane named Kevin.
0:57.6	Okay, let's be honest. The team doesn't want me to talk about dogs. 38 inches. That means they want
1:02.1	Dick Jokes Ed. Well, I'm here to give the people what they want. So I'm praying on the side of the
1:08.3	bed at night. I'm being very contemplating. I'm asking for guidance.
1:12.0	And my wife says,
1:12.7	just get hard.
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1:14.5	And I say,
1:15.4	that pisses me off.
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	...

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