Is There Going to Be a Paradigm Shift in the Type of Investor?
There is a trend to this more ESG stuff but there is some pushback because they've basically not delivered returns. It's gonna come down to who's making the most money and frankly um dahlio is sort of an exception in that he actually is a little bit more well known than a lot of these guys. He mentions artificial intelligence a few times in the part of the book that I did repeat he does and you know I meanBasically he's not a computer scientist by any stretch of the imagination he's just kind of a guy who is smart enough to know he's not smart in certain areas.
Transcript
chevron_right
Play full episode
chevron_right
Transcript
Episode notes
Ray Dalio, founder of Bridgewater Associates, has written several books on the world of investing and the economy in general based on his years of experience as manager of the world’s largest hedge fund. In the latest of his ‘Principles’ series, Dalio applies his quantitative approach of macro investing to analyzing countries, seeking to identify the factors that lead to strength such as education and work ethic, as well as lagging indicators such as a reserve currency that allow a country to spend beyond its means but ultimately presage a fall from dominance. Notably, Dalio sees China’s rise to the top of global power as likely, with America, while ahead, slowly declining. Tonight we debate the merits of his analysis, as well as the overall validity of a global macroeconomic approach that overlooks key factors such as demographics in forecasting long term power status.
