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Episode 410: Billionaire Ray Dalio Predicts The Next Big Market Crash

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Is That a Common Threat Amongst Everyone in Your World?

In terms of, let's say global macro investor, most people find a particular niche. Let's say even in Warren Buffett's case, he will focus a lot particularly on the cash flows. That has to do with value investing and such things. A niche might be you follow a particular industry and what will the new AI technologies be, for example,. Or it may end up being that you look at certain distress debt but quite often it's a much more narrow specialist type of thing. It's a little bit like doctors. You know, a doctor might be a specialist in this.

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