Recent world events may seem unprecedented, but according to investment manager Ray Dalio, that’s only because similar situations haven’t yet occurred in your lifetime. If you study history, he says, you’ll see that it’s all happened before, and if you look back far enough, you’ll note that current events are following a somewhat predictable cycle. In this engaging video, Dalio delivers a lively overview of what he’s learned from 500 years of macroeconomic history, and he offers some lessons that might help you better understand these turbulent times.
About the Speaker
Ray Dalio is a hedge fund manager and author. He founded Bridgewater Associates in 1975 and has served as its co-chief investment officer since 1985.