The School of Greatness

How To Prepare For Financial Freedom In A Changing Economy EP 1254

7 snips
Apr 15, 2022
In this engaging discussion, billionaire investor Ray Dalio, real estate mogul Grant Cardone, and bestselling author Gino Wickman share their insights on achieving financial freedom. They delve into the three financial extremes unique to today’s economy and reveal smart investment strategies. The trio explores the mindset shifts needed for wealth attraction and the importance of delayed gratification in financial planning. Listeners will also learn how to overcome limiting beliefs about money and the value of long-term thinking for sustained success.
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INSIGHT

Three Major Economic Extremes

  • Three major economic extremes exist today, unseen since the 1930s-40s: money/credit issues, wealth/political gaps, and China's rise.
  • These issues impact everyone and understanding them is crucial for navigating current economic challenges.
ADVICE

Personal Strength and Unity

  • Focus on personal strength and unity, especially given the potential for conflict in times of economic hardship.
  • Strive for thoughtful disagreement and collaboration to avoid escalating tensions.
ANECDOTE

Connecticut's Wealth Disparity

  • Ray Dalio highlights Connecticut's wealth disparity, with high per capita income but significant poverty.
  • He discusses the challenges faced by disadvantaged students, including lack of resources and gang violence.
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