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#251 – Ray Dalio: Money, Power, and the Collapse of Empires
Lex Fridman Podcast25 December 2021·1 hours 40 minutes
Ray Dalio is an investor, author, and founder of Bridgewater Associates. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Ray’s Twitter: https://twitter.com/RayDalio
Ray’s Instagram: https://www.instagram.com/raydalio
Books & resources mentioned:
Ray’s books: https://amzn.to/3swN5uw
Ray’s free personality test: https://principlesyou.com/
PODCAST INFO:
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(08:14) – Money or power
(11:50) – Big Cycle
(31:43) – Collapse of the American Empire
(40:10) – War
(43:18) – Xi Jinping
(49:21) – Importance of freedoms
(55:24) – Democracy’s vulnerability
(58:49) – Communism’s vulnerability
(1:05:50) – Vladimir Putin
(1:09:55) – Understanding China
(1:17:23) – Henry Kissinger
(1:27:44) – Elon Musk and Dogecoin
(1:29:41) – How to take notes
(1:33:24) – Advice for young people
(1:37:30) – Hope for humanity