TIP410: The Changing World Order W/ Ray Dalio

IN THIS EPISODE, YOU'LL LEARN:5:06 - Why Dalio believes the U.S. is in danger of a dramatic and turbulent decline.11:23 - How China is rapidly rising to become the world’s dominant power.30:30 - Why Dalio warns that cash and bonds are terrible bets in today’s environment.39:48 - Why Dalio views diversification as “the most important thing”.41:52 - Is Bitcoin a speculative craze or a smart hedge against inflation?1:04:57 - How to succeed by being “radically truthful”.1:16:21 - How a disastrous mistake turned into one of the best experiences of Dalio’s life.1:23:44 - How meditation has strengthened Dalio’s creativity, equanimity, and resilience.1:34:45 - What Dalio has learned from the devastating loss of his son.1:37:42 - Why Dalio’s faith in the power of evolution makes him hopeful for the future.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRay Dalio’s book Principles for Dealing with The Changing World Order.Ray Dalio’s YouTube talk on How the Economic Machine Works.William Green’s book, Richer, Wiser, Happier – read reviews of this book.Stig’s conversation with William Green about Richer, Wiser, Happier.New to the show? Check out our We Study Billionaires Starter Packs.Invest in the $1.7 trillion art market with Masterworks.io. Use promo code WSB to skip the waitlist.Make your home safe with Simplisafe and get 40% off today. Indoor and outdoor cameras, comprehensive sensors, you name it.You can see eczema on the surface of your skin, but there may also be irritation below that you can’t see. Discover Eucrisa as it works both above and below the skin to treat eczema in adults and children 3 months of age and older.Donate to GiveWell’s recommended charities and have your donation matched up to $1,000 before the end of August or as long as matching funds last if you’ve never donated before. Pick PODCAST and We Study Billionaires or enter code TIP at checkout.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Canada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Optimize your payments infrastructure, simplify expansion plans, and create new revenue streams for your business with Stripe. Join millions of companies of all sizes. Learn more and get started today!Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

by We Study Billionaires - The Investor’s Podcast Network