Ray Dalio: Money, Power, and the Collapse of Empires | Lex Fridman Podcast

Lex Fridman, Released on 1/14/21

OUTLINE:
0:00 – Introduction
0:42 – Money or power
4:18 – Big Cycle
24:11 – Collapse of the American Empire
32:38 – War
35:45 – Xi Jinping
41:49 – Importance of freedoms
47:52 – Democracy’s vulnerability
51:17 – Communism’s vulnerability
58:18 – Vladimir Putin
1:02:23 – Understanding China
1:09:51 – Henry Kissinger
1:13:24 – Bitcoin
1:20:12 – Elon Musk and Dogecoin
1:22:09 – How to take notes
1:25:52 – Advice for young people
1:29:58 – Hope for humanity

Ray Dalio is an American businessman and founder of the investment firm Bridgewater Associates, one of the world’s largest hedge funds. In 2012, Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 he was listed by Bloomberg Markets as one of the 50 Most Influential people. Institutional Investor’s Alpha ranked him No. 2 on their 2012 Rich List. Dalio has been labeled the Steve Jobs of investing. Ray’s latest book is Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail.

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