Billionaire Investor Predicts The Next Economic Cycle - Ray Dalio
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- čas přidán 31. 05. 2024
- Ray Dalio is the founder of Bridgewater Associates, a billionaire investor, philanthropist and an author.
The New World Order is a mystical term. Is it a shadowy cabal of evil hooded figures? Or is it a cycle that our world's economy regularly runs on. Ray is here to explain the consequences of shifting global power dynamics, and what that means for the future of America and the rest of the world.
Expect to learn why global events aren't getting more chaotic, they're unfolding right on schedule, why there is a regular cycle of empires falling and new ones emerging, how the global economic machine really works, what the next few years of America will look like, what you can do to secure your finances in a turbulent market, Ray's opinion on the role that Bitcoin and cryptocurrencies will serve in a post-dollar economy, the best financial advice for young people and much more...
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#raydalio #economics #business
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00:00 Intro
00:30 The Accuracy of Ray’s Predictions
07:43 Impacts of a Decreasing Dollar Value
12:54 Different Types of Leaders for Different Times
15:54 Are We in a Unique Situation?
20:03 How to Be Financially Prepared for the Next Few Years
25:45 The Crisis of Unproductive People
32:28 Ray’s Advice for Young People
35:31 Should We Worry About the Population?
41:07 The Threat of China
45:02 Is a ‘Soft Landing’ Possible?
49:28 Can You Benefit From a Recession?
54:06 Finding Solace in a Tumultuous World
59:52 Where to Find Ray
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Hello you beauties. Get my free Reading List of 100 life-changing books here - chriswillx.com/books/. Here’s the timestamps:
00:00 Intro
00:30 The Accuracy of Ray’s Predictions
07:43 Impacts of a Decreasing Dollar Value
12:54 Different Types of Leaders for Different Times
15:54 Are We in a Unique Situation?
20:03 How to Be Financially Prepared for the Next Few Years
25:45 The Crisis of Unproductive People
32:28 Ray’s Advice for Young People
35:31 Should We Worry About the Population?
41:07 The Threat of China
45:02 Is a ‘Soft Landing’ Possible?
49:28 Can You Benefit From a Recession?
54:06 Finding Solace in a Tumultuous World
59:52 Where to Find Ray
Love this content
I love all of your interviews.
This interaction was particularly impressive, in my opinion, Chris. Dalio is so practiced after having done this so many times that he practically interviews himself. You have enough humility and wisdom to sit and let him do it, encouraging him to express himself by asking rare but thoughtful questions. Thank you. He has a lot to share and most of the people who I have seen with him are trying to get rich instead of striving to learn something important.
@@stripedcollar335 I thought his answers on why the youth are lazy and not working was pretty piss poor. Another out of touch.
@c h OH, don't get me wrong, Ray is wrong about a lot and way too confident. I tend to lean more toward Peter Zeihan's way of thinking. Still, I thought this interview was really well done, in my opinion.
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I’m an older guy. The experts and news have predicted disaster, financial collapse and war my whole life - every year. Sure it’s happened in the past, but mostly life has been good here in the US. The experts always say, “this time it’s different.” Just be prepared - no debt, live below your means, develop your skills, have a reserve, have some extra food and water, and live your life with positive anticipation for today and the future.
And who will protect the freedoms to which we have become accustomed? Voting is now manipulated. Our representatives clearly represent the interests of the donor class, not the citizenry.
it may not affect your generation, but the nature of inflating currency as an unseen tax on future generations has come to pass. Consider yourself lucky.
The US is always prepared, you have enough resources to stay financially stable, because of the level of production and making money, no matter what this could cost ( wars, no morality, pornography...) anyways the Us is making a huge amount of money. If there is a case when the US will fall down, it will be due to their big lost of morality...It is happening right now with all this woke mentality, people need to be aware of all this insanity.
Agreed, well said.
@@RussCR5187who told you that, Tucker?
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
@@HelenaBonham-pz4ly Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@Patriciacraig599
@@margaritasbunny I happen to know Kate Elizabeth Amdall She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
@@Patriciacraig599 I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless...
Our preoccupation with the economy potentially crashing might be excessive. In reality, the economy undergoes cycles and typically recovers. Personally, I'm more focused on growing my investment portfolio than getting caught up in predictions. I've come across stories of people achieving substantial profits despite economic downturns. Do you have any tips on how they manage to do that?
In the realm of uncertainties, relying on one's own process, managing risks, and adhering to a steadfast plan is crucial. It's essential to stay committed through challenges and successes, all the while learning from mistakes and consistently striving for improvement.
Indeed, professionals continue to thrive in the current market due to their adept approach in generating profits and access to insider knowledge not available to the public. It underscores the advantage of having both a strategic approach and valuable insights in the ever-evolving market landscape.
Ensuring prudence in my investment decisions, I consistently consult with a professional, a practice I adopted since the onset of the pandemic. Employing profit-oriented tactics and minimizing risks as a safeguard against inevitable downtrends has been instrumental. Professional, like John Desmond Heppolette, possess valuable access to insider knowledge and analysis, virtually eliminating the possibility of failure. Over the past three years, working with him has enabled me to passively generate over $1 million.
I appreciate the kind response and of course, I'm willing to give this experience a try. I just discovered his exceptional resume when I made a research of his full names online. He appears knowledgeable and well accredited. I drop him a message and book a call session with him!
Good bot comment
Nice video as always but here is my problem I have been making losses trying to make profit tradng. I thought tradng demo account is just like tradng the real market... can anyone help me out or at least advise me on what to do
I'll recommend Expert Henne Nate to you. he's the best I've seen. he trades my f.x account and makes me good profits weekly.
wow i'm shocked you just mentioned and recommended Henne Nate i thought i'm the only one trading with him
@@richardbalint2582My first experience with him gave me the assurance that has made me to trade without fear of loosing
@@richardbalint2582you don't need to be shocked because i'm also a huge beneficiary of Henne Nate
I'm so happy for taking the bold step in investing with him. What suprises me about him mostly is he gives his clients access to his trading site whereby they can monitor their trades on a daily basis
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues.. well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60. I need suggestions on what investments to make..
I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
@@hermanramos7092 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@@bob.weaver72 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@hermanramos7092 She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
This is really nice. I worry that I have a couple more years before retirement, and I want to switch to using a financial advisor, I could really use the expertise of this advisor.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
Every time ray dalio is charitable enough to speak, you should listen.
Ray’s right. The most precious things are those that money can’t buy. Nature, family, true friendship. We need to focus on what we have, not what we can buy. By helping others, who genuinely need it, gives you a real purpose in life.
I got all kinds of physical and mental issues during my isolation peridods during Covid. In 2020 until the end of 2021 I only met the same 4 people which are my 2 sisters and my parents. No one else😅💀 My "friends" kinda abandoned me during lockdowns, and I didn't meet any friends for over a year😅 I got healed immediately as soon as I finally began hanging out with people again regularly and seeing work colleagues daily.
How naive you are is so pure. Yes, they matter. But they won't be by your side when you become their burden. No matter how you were good to them isn't matter. They will leave. So money comes first.
@@user-fg9oj3wb2m Money AND family and close connections will fail you in this world. There is no hope in this world. The only one who won't let you down is Jesus Christ who will always be there rather than a human who will fail you because they sin--just as you and me sin. So, money doesn't come first either.
Jesus Christ comes first.
No,our lives have been stolen by our utterly corrupt government....
Family and friends are why we need that ole green Devil -food, shelter, heat lights transportation medical, etc. etc. Who wants his kids to grow up without Santa Clause !
Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@lipglosskitten2610 Impressive can you share more info?
@@kenanporubsky2122 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
I’m grateful to Ray Dalio for a very grounded view of life - 🙏
Now here is a collab I didn’t expect!
Clicking on this video thought the same ! Wow
@@hauntedhose what more did you expect?
@@hauntedhose obviously you know everything
@@_BobaFett_he interviewer doesnt know much about Ray’s thinking. He always gets asked the same questions by everybody. Even worse, he gets asked the horrible and unacceptable question: how can we benefit from the current situation?
Come on! Just because he is a super wealthy person doesn’t mean we should be coming to listen to him trying to take advantage of that by asking him that question. Ray is an spiritual person, an intellectual, ask him questions beyond the mundane and vague.
Holy now Chris is a big deal!
To get one of the richest and busiest men on the planet to do a pod with you! Absolutely Fantastic. Keep up the brilliant work 👍🏻
Chris is amazing.m
I agree; but less advertisements would be appreciated :P
Fantastic? Dalio is pushing his propaganda through the new Influencer class. He's weighing his words for the effect they will have rather than the truth value they have, as always.
This time Dalio looks different, though. He looks.... scared.
He's 75, he ain't that busy.
where can I get his money like?
The pandemic has shown us just how quickly decades of planning, investing and saving can be completely upended. This could mean your current financial plan might leave you without enough money to last your retirement. A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less.
In other words, an advisor-managed portfolio would average 8% annualised growth over a 25-year period, compared to 5% from a self-managed portfolio
@@stephenpotter21 I agree; for over 17 months, I've maintained regular contact with an investment advisor. Nowadays, it's really simple to invest in trending stocks, but the challenge is knowing when to sell or hold. To support me with entry and exit points, my advisor steps in. Within 18 months, I've accrued almost a million dollars from an originally stagnating reserve of $300K.
@@ericmendels I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning
Having a counselor is essential for portfolio diversification. My advisor is “Sharon Louise Count'' who is easily searchable and has extensive knowledge of the financial markets.
@@ericmendels Thank you so much for this tip! Finding her was easy, and I was really impressed with all the research I did on her credentials before scheduling a call.
So how exactly can we guard against the coming economic cycle threats? Like what are really the best strategies to make our portfolio recession proof, against the incoming economic disasters? I'm worried about my $460k stock account because I've heard that this will ruin the financial sector.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions
The US-Stock market has been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look. I’ve netted over $592k in the past 10months with proper guidance from a market strategist.
@josephbush I also require guidance, need to recover my portfolio from the significant declines and develop more effective methods. How do I get in touch with this advisor?
I take guidance from an FA named 'Heather Lee Larioni'. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI. She has a contact webpage if you care for supervision.
Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me before my portfolio is completely gone.
I wish I had a dad or grandpa with so much character and knowledge to just have an endless chat with on a weekend with a cup of thea or coffee+cookie
Same, that would be awesome.
Yeah. You just gotta give grandpa a little reach around to get some info.
You could always volunteer at a nursing home. You'd be surprised what people know and can talk about - even the ones with dementia.
Chris, the stack of undeniable proof that you have achieved something great is growing. This podcast is incredible. Keep up the great work you are doing. Thank you 💪🏼
🔥
Kiss ass
And no mention about the topic?
Nick, because of your comment I'm going to start the video over and listen closely... Thanks. I direly need the positive vibes.
009990😊v.
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust.
Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by
Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counsellor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
Absolutely, Fiduciary-counselors have exclusive information and data paths that are not disclosed to the public.. I've made worth of $260k in raw profits from just Q3 of 2022 under the guidance of my Fiduciary-counselor “CHRISTINE ANN PODGORNY”. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
How can I count with CHRISTINE ANN PODGORNY, what are her services, is she verifiable, do you think she can help me, I live in Canada?
Christine covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Success depends on the actions or steps you take to achieve it. Show me a man with no investment and I'll tell you how long it takes to fail. The investment creates a safe haven for the future. With the right choice of investment that has at least a minimum risk of 2% and with expert advice, profits and interest are 100% guaranteed.
I'm glad I got into trading when I did because it was a turning point for me financially it was my best decision ever. All thanks to Mrs Shana Heckel her set skills are amazing.,
Amazing to see another who trades with Ms.Shana Heckel, I am currently on my fifth trade with her and my portfolio has grown tremendously. Your weekly signals are highly profitable,,,
I invest with Mrs Shana Heckel too, her charges a 20% commission on profit made after every trading session which is fair compare to the effort she puts in to make huge profits.
This is not the first time I'm hearing about Mrs Shana Heckel and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with, Mrs Shana Heckel, I personally appreciate her straight and simple approach towards educating traders. My portfolio has grown more within just weeks of trading with her.
I like Ray’s message. Focus on building the US up rather than tearing China down
Just remember, the world is the way it is because of people like this guy.
There’s always bigger fish. It’s the people above this guy, the owners of the central banks which control 95% of the worlds GDP. He’s a small guy compared to them.
You are. Ray Dalio was and remains instrumental in the shaping of the financial conditions that you’re living through right now.
Although the OP may be right.. at least he's decided to share his knowledge with simpletons of the world.. he really didn't have to
Incorrect. The governments and dictatorship has the word like this. They print money and create debt.
Dario never be in any US administration
@@oakson3045 exactly... If the world is the shit it is, is because of people like him
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
That is true, you need an expert trader to make good profit from cryptocurrency trade
And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advice you to stop trading on your own it's very risky. Seek advice of a professional trader.
@@johankarlsson1802How can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
Good job on interviewing, I like that you allow the person to fully answer before you interrupt, and ask well thought out questions.
The end of this interview was priceless advice.
It always annoys me when some idiot says money doesn't make you happy. That means he has enough, and can't comprehend what it's like for those that don't. If you barely have enough to keep your head above water, and worry that the next time you have to go to the hospital will bankrupt your entire family, you understand the fact that money does buy happiness.
Exactly, you need to be financially secure before the amount nolonger matters. And very few get to that level of security. And the next decade is bleak.
Money does not make you happy but it does enable you to be happy. A lack of money creates stress and thus impinges on any ones ability to be happy. However just because you get rich it does not mean you will be happy. There are plenty of perfectly miserable rich people.
What was sorely lacking from the conversation was the issue of wages, and how they’ve been essentially flat for 50 years while the GDP has continued its long march upward. All of those extra gains are going to the top 10% and everyone else is struggling. We need to talk about what it’s going to take to reverse this trend and get employers to start f’n paying people more, simple as that.
It’s either going to be government mandates, or it’s going to be violent upheaval. If we don’t want blood in the streets then the only conversation worth having is how to fix our election system and the government that is supposed to represent the majority, because right now it is utterly broken.
To be fair to Ray, he himself has pointed this out in a great explanatory video he made 7 or 8 years ago that was called something like “how the economic machine works.” At the end of the cycle when inequality gets too extreme, he outlines the same two options I did above. I would have liked to see that addressed directly in this conversation.
People who say money doesn't make you happy don't know where to shop. 😂
Youre not wise enough to understand the meaning of that phrase, money doesnt equate to happiness but it does provide you with all your basic needs. My mother has a lot of money but she is a miserable person , simply because she has demons that she cannot overcome...money is a cushion but never the answer. There are rich people who look at poor people with envy because they dont have peace of mind or true inner peace. If money brought happiness there would never be suicides among rich countries or even among wealthy people. But we know this is true. Money often = stress
I love people who were able to predict no less then 38 out of the last 7 desasters. That's so very, very observant of them.
These people are legends
@@BOZ_11 no u
Cynicism is a sign of intelligence mixed with a malaise of the spirit
@@eeronat 👍👍
@@eeronat, so very true. :-)
But I don't see myself as a cynic at all.
Sarcasm is the selfdefense of the soul.
The best way to describe the present economy is 08' 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $16,000 from $7000 and I'm left wondering what retirement have in store for me 5years down the line, I'm ill-prepared tbh, my 401k worth about $320k gains are zero-nothing and my stock portfolio?...OH WELL!
@Trevor Ogden These market uncertainties are why I don't base my judgments and decisions in the market on rumors and hearsay. I got the best of me in 2020 which made me occupy a worthless position in the market, I had to reorganize my entire portfolio using an advisor, before I started to see significant results happen in my portfolio. I am still using the same advisor and I have netted over $1.5 million in 2 years, whether it's a bull or bear market, both generate good profits, it all depends on where you're looking.
@@CynthiaByrd648 Admittedly we are only one information away from amassing wealth, I know many people who made their fortunes from the Dotcom crash as well as the 08' crash and i have researched similar opportunities in this current market, could this person who guides you help?
Renowned for her proficiency and expertise in the financial market, “LISA ELLEN SHAW” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as a force in this domain. You can look her up if you want to find out more
@@CynthiaByrd648 I found her webpage, reached out via email, and scheduled a call, anticipating her response. My goal is to commence 2023 on a positive financial trajectory.
Your monthly living expenses are $16,000? You spend $500 every day?
I've never regretted Jesus as Savior and studying the Bible and living by it. Life did come with an instruction manual.
this guy should be a politican because he's really good and sounding like he's saying something
just because someone that sounds really good, doesn't mean they should run for office
@@MinifigNewsguy that is the point
@Therman Merman USA will likely be number one for another 700 years.. don't kid yourself there is literally no other even close
Precisely why he shouldn’t be a politician. Unfortunately in politics one of the realizations politicians make very early if they are successful is that the truth isn’t popular. No matter how much their constituents claim they want it.
@Therman Merman the fact that they are already light years ahead of any major power and their rivals are going to collapse in demographics big time due to poor policy
What I took from this video (1) Fear is too much of a driver in your life (2) You pretty much have more than you need (3) US needs a strong leader or it will implode (4) You need to re-evaluate your success criteria (5) diversify your assets so as your losses are minimised (6) Have a plan and don't fret over the daily issues. (7) Finally and importantly, live in a country and community in a low cost healthy way.
100% Agree
I am amazed at how down to earth this billionaire is. Amazing person.
Maybe get a dog, if you need a hero.
@@BetrayerSlayerMusic lmao
You cant manage $150 Billion with egocentric Thinking.
Most of the top commercial investors are very down to earth. Peter Lynch and Jack Bogle both come to mind. Super smart, funny and just very easy going. I think the reason why is it wasn’t ever really about the money. It was about the game. The fun. They are BIG nerds.
why do people say such stupid things
Would love to see Ray Dalio and Peter Zeihan just sit down and shoot the shit for an hour. That would be something to see. Chris has done great interviews with both.
Ray Dalio echoes the rhetoric of Japan in the 1980s and Germany in the mid century. Contrasting Dalio w/ Zeihan shows there are problems we face in the future, but the doom and gloom is severely overstated.
Exactly! The world actually has a much better capacity for adaptation and resilience than we give it credit for. These doomsday predictions have a storied poor record since way back.
Humans aren't bovines, we find solutions and evolve in real time with problematics.
I mean I am 39 years old and can't count the number of times we've been " on the brink of collapse" on my lifetime alone.
The fuckin 70s oil crisis was supposed to be the end of civilization ffs.
I'm concerned about how he clearly avoids seriously discussing the subject of China at 42:00, completely changing the subject.
Whats there to talk about, if youve ever been to shanghai or shenzhen you will see how incredibly futuristic their cities are, it feels like stepping into a video game. NYC and SF cant even compete
RayDalio is a wise and courageous American hero! May God always bless him and his family!
The world will never stop moving forward. No matter what complicated circumstances occur in the world, the world will never stop moving toward the light, new turing point will appear, I believe what I believe.
Vivian Zhang
Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.Inflation is dilapidating.
There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.
@@mcginnnavraj4201 People do downplay the importance of expert counselors up until they experience the consequences of their errors. I wanted to stay afloat between the COVID outbreak and my early 2020 layoff, so I started looking for license advisors. My previously stagnant $325K reserve has so far created significant returns from subsequent investments owing to expert leadership by my FA, who can be found online. I was fortunate to come across someone with her level of practical knowledge and years of experience, and she helped me.
@@hannahdonald9071 We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
Right now, I'm literally hanging on by a straw, so your advice couldn't have come at a better time! I'll look her up on the internet and then give her a call.
Chris that was probably the most balanced and sober dicussion I have heard on how to navigate the upcoming crisis. In addition I would add probably Ray Dalio's most revealing interview I have seen on how he really views all of this. You really are a top notch interviewer. Thank you for the great podcast. Well done! Enjoyed every minute of it.
Have you read the works of Wilbey Wagner the 3rd . My favorite phrase and story...When the snake danceth around the naked flame 🔥, will the lamb slaughter thy brothers and sisters..Yigeth dear one..What did Willo mean? Schoalors have debated for eons! I know that a smart person such as yourself will ponder through the night with a hot choccy 😊😊
Ray has such a velvet smooth way of explaining complicated matters.. And it's always a great interview when the interviewer asks the right question and just sits back let's them speak.. Love yr work mate👌👊
Like a salesman
Name one thing he had accurately predicted
@@bidmcms3you know what Ray does for a living right?
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
An obvious way to lnvest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions
@@jonathanburtnick / Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the adv!ce of my financial-planner who has helped me gain $985k in a well-diversified portfoIio that has experienced exponential growth
@@naomigonzales9663 It's impressive, but given how poorly my portfolio is now performing, I truly need their assistance. Please tell me how I may get in touch with her.
@@KangMinsu122 Viviana Marisa Coelho a registered Investment advisr. Quite renowned, search her name to get in touch
Invest in automation but 75% of them are fraud traps. You need to find REAL tech companies who can do it.
This was brilliant. Thanks Chris and thanks very much Ray for sharing your wisdom to the people like myself who otherwise wouldn't have access to this kind of information.
Love the way this ended. We all get so hung up on our finances and geopolitics its hard to remember what we DO have and what's important. Love Ray Dalio
Thank you so much Chris for interviewing Ray.He is one of the most humble finance titan in our modern times.Cheers to all those viewing who are trying to find their way through life.
What an incredible job leading that interview and keeping it flowing. Ray measures his words very carefully and he did a great job extracting more from him
Thank you Chris.... This was a truly well unpacking of Ray's current thoughts upon several current, pertinent issues. You and He both moderated each other perfectly.... Almost relaxing nd calming.. Which is unusual these days.. Thank you
First time I saw this person I thought wow, he speaks the absolute truth. Saw his decline of empires video and it also blew my mind. Pity his at an advanced age, I think he has so much experience that he still has years to teach the younger generations. Sir I wish you still many years ahead of health and hope you continue teaching. Greetings from South Africa.
Problem is: No one WANTS to LISTEN.
Almost everybody is living in FEAR.
For a 75 year old, he looks and sounds great.
What I like about Ray's writing is that he shows examples of times thoughtful action by national leaders have righted the ship.
It's a really pleasure this conversation with Ray Dario He transmitted so much tools ideas reflection about this transition. Thank you
"Sometimes, the most luxurious thing I can do, is take a Tent and be Camped in a Beautiful Spot" That's what I'm doing a lot of this Summer. I love the Peace of it though I'm not fond of Raccoons. They seem fond of me. When I start worrying about Raccoon raiders at night, I know I have it made.
When I’m bombarded with some of the alarmist interpretations of what, “Ray Dalio Says!!!”, this was a refreshing and personal glimpse into the man’s humanity, common sense and integrity. Thank you for providing this opportunity for us.
HE IS a complete charlatan and dud like Peter Schiff et al. He did not even know about the most important analysis of 2022 the EBERSTADT study. Some fu...n guru.
We are in unprecedented times. Never in history have we had such a large economy with many industries. Its too hard to tell what will happen.
The most essential and important part of this excellent discussion is contained within the last 5 minutes! Thank you Ray for your wisdom and keep up the great work Chris! 🙏
Thank you, for saving me valuable time.
Went to the last five minutes
Same
Thanks for this comment. You saved my nervous system and time
Delighted to see an interview with Ray Dalio, a serious writer and thinker. I also look forward to an extended discussion soon with Peter Zeihan, an awesome and complementary strategic thinker.
Nate Hagens would be great to have on this podcast as well.
Peter Zeihan is a doofus. He is full of just-so stories with no substance.
I think they have shared the stage a few times
I like Zeihan but he really is just repeating the same thing for at least the last ten years.
Bless you, Mr. Dalio, for doing these kinds of interviews.
Thank you, Wu Mau 五毛党!
I enjoy mr. Dalio interviews. THANK YOU!
@@robincarvey7492Such a joke! Writing worthless crappy comments...
I just want to say thank you for sharing refreshing and engaging content to the masses. ♥
Just subscribed, Chris! Thank you for being such a good interviewer, asking the right questions, so Ray Dalio can apply his logic to the current dystopian world.
We read news in the media that doom and gloom is coming and we just accept it, doom and gloom doesn’t always have to be coming, I’ve read numerous success stories of people that are pulling off tremendous gains of up to $250K within weeks in this crazy market and I just want to learn how to achieve such figures.
@Patricia Martin There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@@biankabrodeur-yf3yl Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@geraldantonio3160 please who is the F/A guiding you?
@@Emily-le2op Stacie Kristal Weber is the FA i work with, you can look her up to get in touch with her...
@@geraldantonio3160 Stacie really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her...
Love Ray's insights. Chris is a good host. Really good questions!
Ray Dalio is the best.
I would "like" this video, but since CZcams doesn' t trust me enough to handle "dislike", I'd better not attemp a "lile".
56:00 I suggest reading ChuangTzu, other Taoists, and Existentialism.
I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering, a correction is underway.
I grew to a 7 figure well-diversified portfolio. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to Olivia Maria Lucas my F.A... she is super helpful to a lot of beginners out there.
Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
@@sophiehernandez4108 Do NOT take advice from scammer Olivia Maria Lucas
I recommend Ray’s book, principles for dealing with the changing world order
I’ve been hearing this for the last 50 years.
Its been happening for 50 years. It can take centuries for empires to regress.
@@NickMart1985 Yeah, with that ideology, you're never wrong. I could go to my best friend's baby shower and say, Jim, I don't know why you're wasting your time with this baby shower. Do you know, your son is eventually going to develop a rare skin skin cancer when he's 78 and die a horrible, painful death. In other words, this country is going through a lot of challenges, but every morning, the buses are still on time, people are still getting up to go to work, society continues to go forward. The internal cracks that happen, make way for reforms. Example, Diane Feinstein is close to her 90's and not able to do her job in the Senate. For years we've been taking about mandatory retirement in government. Now, her decline along with other Senators is shedding lighting on a much needed reform. You can't make a career in the Senate and be carried out in a box! There are too many really smart people in this country. I doubt we're going to hand the keys to our country over to Communist China. I could write a book about the positive movement of our country, but people like hearing the negatives. I think positives come via reforms from negatives. Don't sell out the U.S. just yet.
@@nightowl5475 I understand that and it was exactly my point. You'd be right in either circumstance.
"Collapse" is always the happening when something is not thriving and growing. Unless there a nuclear event or something equally existential, growth or decay are the only states of existence. There is no steady state.
We admire Ray Dalio’s wisdom and good sense! Hope US leaders will be able to hear him! Thank you!
Well done. Credible. Especially the personal advice in regards to success in life.
I was reminded what my grandfather Pop would often say, "boy money is a shitty way of keepin score'
I love it, yall.
Eat a peach for peace
Nate from Georgia
My problem with Ray Dalio is his view of history is like a narrative that was inevitable, when in reality things don't work that way.
Precisely
That's just a consequence of story telling I think. I think he is a great story teller in his content. I also understand storytellers have a POINT of view and can't actually describe a comprehensive view.
Then why does it constantly repeat?
He says in the interview that it’s not destined. He’s just pointing out the trends as he sees it. Of course when you describe a theory it will sound like your speaking in absolutes but the alternative is having to caveat constantly. You really just need one caveat saying its not destined and then proceed with the presentation. That the listener can make their own assessment after listening should go without saying.
@@smokingcrab2290history? It doesnt really repeat, its more that it rhymes.
"Every body loses in wars." Except the Military Industrial Complex.
And the government. Politicians and bureaucrats always end up with more authority.
I’d like to see Ray & other billionaires do what they can to prevent a crisis! 🌎⚜️🇺🇸
How do you stop a wave from hitting the shore?
Nice video!! Great content. The best advice right now with banks failing, is investing in cryptocurrencies. It is the best way to diversify your income and leverage the potential to make a substantial return on your investment.
Cryptocurrency is a cutting-edge technology that is revolutionizing the financial system, and investing now could be a great way to earn substantial returns in the near future.
I invested in Dogecoin 2 months ago. I have already made a $50,000 profit on my dogecoin investment and am buying more for a long-term investment.
I tried to invest in the digital asset market, but got confused. I don't know how to get started.
@@luigielliot2799 I understand that investing in stocks and cryptocurrencies can be intimidating, but with the help of a Financial advisor "Mrs MARIANA LAUREN ALI" , I have seen great returns on my investments, and I highly recommend her as an investment advisor."
“I was looking for how to get started trading cryptocurrencies and came across Mariana Lauren Ali. Now I earn a living off my crypto investments.
This just gets better. Wow. Congratulations Chris this is big. Thank you, you deserve all the success you’re getting. Atb
One thing that young men are facing is eternal war and the young men are the fodder. As a grandmother I'm tired of our men dying for countries who don't like us and don't want us.
I think Ray Dalio is on the money here. Since the creation of the Federal Reserve in the US and of course all the other Central Banks (ECB, Bank of Canada etc.) The debt added to the system has been mind boggling. The next 40 years will be more challenging IMO versus the past 40 years.
Wow! Impressive interview Chris. Brought Dalio out nicely ⚡️
This guy, the Ray is really a great mind. Thanks for this video. I really appreciate it
So important to calmly explain things. Could easily get lots more attention by inciting more fear, and being more dramatic. But if your intention is to honestly warn people, this is the way to do it. Thank you.
Thank you. In the beginning of life it didn't matter and at the end of life it won't matter either. You create the middle as you want it to be ..not others...create your destiny
Great interview! ❤ Thank you! Ray Dalio has the capacity to give scary data in a calming voice. I really enjoyed this episode
Wonderful to see a great video of good content. we all have to win in order to overcome recession and inflation
The stock market provides a place where companies raise capital by selling shares or shares to investors. Shares give shareholders voting rights, as well as a residual claim on corporate earnings in the form of capital gains and dividends.
But it is better to Invest in Cryptocurrencies because you earn more and better.
In my role as a financial planner, I serve clients with different income levels. But my goal is the same for everyone I know. I want to help wealthy families continue to grow wealth while helping young families achieve their financial goals. Your investment creates a safe haven for the future and helps you weather the economic crisis
>
INSTAGRAM
Shermwilli trade
Investments are the stepping stones to success, especially if you have been guided by a professional. Is Sherman Williams Trading that good?
On a scale of 1 to 10, I'll give Sherman Williams Trading a 9 simply because no one is perfect when it comes to trading, but when it comes to making a profit... Trust me when I say that it may surprise you. . when you don't expect it
Ray Dalio is a man of great wisdom.
I've lost my childhood&young years because of health issues. I've lost my twenties because of depression. I've lost my thirties at work to accumulate money but that was wrong approach because I should've been accumulating life expirience, improving social skills, learning another trade.. good that at last at the beginning of my fourties I'm more chill and know things, better late then never. Peace!
I LOVE RAY'S OUTLOOK ON LIFE !! ❤
Chris: You were talking about the large number of men who are out of work and not looking. It reminded me of a podcast that I heard a while back, and I think it probably explains what might be going on. Basically, a lot of factories shut down in the US and a lot of older men weren't able to find new jobs. Many of them are in their 50s and aren't good candidates for education and whole new careers. What has been happening in some of these towns is that doctors will get them put on disability. It's sort of like welfare, but they don't have work requirements. Also, states have to pay for welfare but the federal government pays disability, so states have an incentive to move people off welfare and onto disability. There's been a massive rise in the number of people on disability since the 1980s. There's a whole podcast about it which you can find if you search for "unfit for work". This American life episode 490 "Trends with benefits" talks about it. It's super interesting and also depressing. It's not necessarily true that these men are just depressed and unmotivated. It's that the economy can't easily find new jobs for older men who worked factory jobs which have disappeared. There's one county in Alabama where 1/4th of the population is on disability. There's also kids on being put on disability because the government will pay money to families to help with childcare costs.
Not sure if you read the CZcams comments, but hope you see this.
Chris mentioned that there are cohort of men from age 22 to 55 that don't want to work......Ray takes that and references his wife's work with "that population" (40:37) , that are coming to SCHOOL high on Marijuana. Chris asked what ages. Ray says 10. They obviously aren't talking about the same population. Or are they? 👀Perhaps Ray's bias is showing there. IYKYK
@@hotephousing7867 well if they've been smoking dope since 10, no they probably don't want to work in their 20 s their brains are fried
It's these old white men that blame immigrants who get welfare, when they are on welfare, love the hypocrisy, go Republicans! Hooray!🤣🤣🤣
Ray is such a good man. He gives so much time to people, trying to educate them so that they are prepared for what lies ahead. He is one of Earth's angels.
Lol
Mr. Dalio please run for president. We need you!!!
If you will enjoy serfdom.
Cosmos and Psyche is a good read for another supporting viewpoint on study of cycles like Ray Dalio has done.
Why is Ray ignoring China's debt, demographics, currency manipulation, and global supply chain dependency?
He has too much $$ invested in China. China is not doing well..
And energy dependence, and their own debt, and their own internal conflict and pseudo-genocide, and their global food dependence, etc, etc
These are actually reasons for war. I'm Australian and we have the things China needs. I believe war in the Pacific is likely. China's behaviour in the region is very aggressive. Chinese people living here believe it will happen.
because he is massively invested in China lol
@@James_36 bingo.
The last segment is the most important. We can lose our minds keeping track of every bad thing in the world. Or, we can go spend time in nature. It makes a difference that money can't buy.
I am a teacher of Economics from India,, Gujarat.. I am telling about you to my students,,, sir you are my one of favorite Economists...
Just stumbled upon this channel and what a gem. I love this pod now. Dalio is a great choice of guest.
Ray had an excellent comment to the work ethic question. Work ethic is irrelevant when resources limit opportunity.
Ray Dalio is on the brick of collapse. What I have learned is that life and market is a continuation of moments. That has Ray Dalio never learned, because he only look back, period
Ray Dalio is 74!?!? Damn! What’s his secret? He DOES NOT look 74! Man is holding up nicely. 👏🏼👏🏼
Chris, you patience is impressive. This gentleman speaks for a full hour without saying anything of importance, no matter how interesting and detailed questions you ask him.
yeah dude, financial intelligence is totally overrated. we now return back to your previously scheduled doom scrolling.
That’s how Ray always speaks, never any direct advice, just very general, high level discussions that are not very useful
Either you were not listening or you don't have any kind of financial wisdom.
@Gary Zies agree, but common sense too.
@Ms. X I've noticed highly intelligent people speak in terms of ideas and big picture assuming others have the capacity to break it down and thus take action/direction accordingly. I think they miss that most don't have that capacity.
Ray Dalio has a wealth of useful information and I definitely buy into the cycles seen through history. But I take issue with billionaires telling people money doesn't make you happy. All the things that are important in life, security of yourself and loved ones, friendship opportunities, travel, food ,experiences, relationships, health and fitness, new projects to invest in etc etc are improved with money i havent found a limit where the amount of money I haven doesnt benefit my happiness. So Mr Dalio, feel free to give me your unwanted billions as it sure would make me happy 🙂
Thank for Mr Ray for his wonderful video and his book the Changing World Order. I only know a very general picture about this book, I hope that the later on I will have the opportunity to read this book comprehensively and understand the entire content of this book.
Thank you again Mr Ray for your wonderful video today ( 非常荣幸我能有机会看到瑞先生的视频，谢谢）。
Vivian Zhang
Another great Dalio interview. Thanks for posting that.
Not a big fan of hedge funds or their founders but Ray Dalio really breaks this mold. Good man, happy to hear such common sense. Great interview skills by Chris.
I agree. Ray is gold. The hedge funds who are evil are fronted by steve cohen, Doug cifu and ken Griffin
I am sorry to inform you that if you dislike hedge funds and investment banks, you are the enemy of American capitalism.
All socialist and Marxist should consider relocating to China or Cuba almost immediately.
We can't have outright traitors sabotaging the great capitalist economy of our free American nation.
Yeah, after he's made billions😮
Extraordinary interview of Respected Ray Dalio.
God bless Ray Dalio with the best of health.
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Less people doesnt necessarily mean less potential. Its time for a reduction cycle.
Wow! This is the first time I've seen an episode of Modern wisdom, although I've listened to every single one (except this) on Spotify. Brilliant to actually see you. I love your content. More AI stuff please...
Lex Fridman for AI. Maybe also Vervaeke.