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

Lex Fridman Lex Fridman 12/25/21 - Episode Page

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