Lex Fridman Podcast

#251 – Ray Dalio: Money, Power, and the Collapse of Empires

12.25.2021 - By Lex FridmanPlay

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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:

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Books & resources mentioned:

Ray's books: https://amzn.to/3swN5uw

Ray's free personality test: https://principlesyou.com/

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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

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