The Changing World Order & the Power of Diversification — ft. Ray Dalio
Jun 20, 2024
46:41
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Ray Dalio, founder of Bridgewater Associates, discusses America's position in the world order, the U.S. deficit mechanics, and tips for a saving mentality. He suggests diversifying portfolios with gold, inflation index bonds, and venture capital for economic security amid changing global landscapes.
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Quick takeaways
Ray Dalio highlights the importance of diversification in investing to mitigate economic uncertainty.
Ray Dalio shares personal tips on developing a saving mentality early on for financial success.
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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.