TIP410: The Changing World Order W/ Ray Dalio

<p><strong>IN THIS EPISODE, YOU'LL LEARN:</strong></p><ul><li>5:06 - Why Dalio believes the U.S. is in danger of a dramatic and turbulent decline.</li><li>11:23 - How China is rapidly rising to become the world’s dominant power.</li><li>30:30 - Why Dalio warns that cash and bonds are terrible bets in today’s environment.</li><li>39:48 - Why Dalio views diversification as “the most important thing”.</li><li>41:52 - Is Bitcoin a speculative craze or a smart hedge against inflation?</li><li>1:04:57 - How to succeed by being “radically truthful”.</li><li>1:16:21 - How a disastrous mistake turned into one of the best experiences of Dalio’s life.</li><li>1:23:44 - How meditation has strengthened Dalio’s creativity, equanimity, and resilience.</li><li>1:34:45 - What Dalio has learned from the devastating loss of his son.</li><li>1:37:42 - Why Dalio’s faith in the power of evolution makes him hopeful for the future.</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Ray Dalio’s book<a href="https://www.principles.com/" rel="noopener noreferrer" target="_blank"> <strong>Principles for Dealing with The Changing World Order</strong></a><strong>.</strong></li><li>Ray Dalio’s YouTube talk on<a href="https://www.youtube.com/watch?v=PHe0bXAIuk0" rel="noopener noreferrer" target="_blank"> <strong>How the Economic Machine Works</strong></a><strong>.</strong></li><li>William Green’s book, Richer, Wiser, Happier –<a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors-ebook/dp/B08BZXCPW5?crid=33NDOYV26K8DX&amp;dchild=1&amp;keywords=richer+wiser+happier&amp;qid=1617088019&amp;s=digital-text&amp;sprefix=richer+wiser+happier%2Cdigital-text%2C268&amp;sr=1-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=d2e63077724e456870e5aaa6a13158fa&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"> <strong>read reviews of this book</strong></a><strong>.<