Ray Dalio is a billionaire and has been global macro investor for more than 50 years; Ray founded Bridgewater Associates out of his two-bedroom apartment in NYC and ran it for most of its 47 years, building it into the largest hedge fund in the world.
He wasn’t always a billionaire. He earned his way to that status and before he did, he was like most of us. He grew up in a middle-class neighborhood on Long Island, worked his first job at 12 years old as a caddy at a local golf course, was an average student in school, got fired from his first real job out of college due to an alcohol-fueled argument, built a business, lost that business, started over with borrowed money, and then decided to run his life and his business on certain solid foundational principles. You can learn more about Ray Dalio and his life’s principles here: https://www.investopedia.com/ray-dalio-6753592
One of those principles was researching history to predict the future. He believes the world is changing in big ways that haven’t happened before in our lifetimes but have many times in history. He decided to study past changes to understand what is happening now. He wrote a book, Principles for Dealing with the Changing World Order, and created an animation of the book to help people understand the key ideas from the book in a simple and entertaining way.
It is well done and if you pop some pop corn and sit down for 20 minutes, he promises to show you how history worked across the last 500 years —and what the current world leading power, the United States, needs to do to remain strong.
Knowledge is power and watching this video will give you the power you need to wade through these changing waters of our times.
Watch the video here: Principles for Dealing with the Changing World Order by Ray Dalio