As you may know, I have been following Ray Dalio’s writing/sharings for a while and have written a number of posts about his recommendations. About 2 years ago, I wrote the piece “How to apply Ray Dalio’s sharings to your personal finance?” Given how much has changed, I want to review what I wrote and…
Tag: ray dalio
Book review “Principles for dealing with the changing world order” by Ray Dalio
I have been reading Ray Dalio’s LinkedIn posts before this book came out so I wasn’t sure if I should buy it. Well, I am glad that I did and I recommend that you do too. The book and the accompanying website https://economicprinciples.org/ have a lot to offer. Previously, one of the biggest comments from…
My thoughts on “The Big Cycle of the United States and the Dollar, Part 1” by Ray Dalio
Yesterday, Ray Dalio published the latest chapter titled “Chapter 4: The Big Cycle of the United States and the Dollar, Part 1”. Overall, it is a good read, even though it doesn’t include as many new ideas or insights as I hope it should. This is partly because I have been following Ray’s public sharing for a while, including many of his recent interview with Bloomberg, TED, Goldman Sachs, etc. If you haven’t been reading or watching Ray’s writing/talks, then there is plenty of new information, insights in this article (or the whole series) for you.
How to apply Ray Dalio’s sharings to your personal finance?
I am a big fan of Ray Dalio’s sharing/teaching. I have been reading his books, articles on LinkedIn, and watching his Youtube videos. Recently, Ray has been sharing a series about the Changing World Order and lessons learned from the big cycles over the past 500 years. He also appeared on Bloomberg to share his thoughts about the Economy, Pandemic, China’s Rise. This interview is similar to a discussion Ray had with Jim Haskel on Bridgewater Associates’ Youtube channel about “Managing Money in a Zero Interest Rate Environment”.
Ray’s sharing has many implications for the world economy, policymakers, investors, etc. At a personal finance level, his main recommendation is diversification. This post is about how I interpret his recommendations and apply them to personal finance.
Thoughts on “The big cycles over the last 500 years” by Ray Dalio
For those who are familiar with Ray Dalio’s writing, his latest chapter “The big cycles over the last 500 years” is a treat. Ray goes deep into the weeds and shows us in details: The rise & decline of the Dutch Empire and the Dutch Guilder The rise & decline of the British Empire and…