TIP224: BILLIONAIRE RAY DALIO’S NEW BOOK
BIG DEBT CRISES
5 January 2019
On today’s show, we cover billionaire investor Ray Dalio’s new book, Big Debt Crises.” For people who are not familiar with Ray, he’s one of the most accomplished financial investors of our generation, managing the largest hedge fund in the world with over $125 billion in assets under management.
SUBSCRIBE
IN THIS EPISODE, YOU’LL LEARN:
- Why Ray Dalio thinks that the US Dollar could depreciate 30%.
- Why the financial crisis in 2007-2011 was solved much faster than the Great Depression.
- How to diagnose in which stage of a debt crisis an economy is in.
- How a fixed exchange rate can both be the solution and the problem of a debt crisis.
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.
Preston Pysh 0:02
On today’s show, we cover billionaire investor Ray Dalio’s new book, Big Debt Crises.” For people who are not familiar with Ray, he’s one of the most accomplished financial investors of our generation, managing the largest hedge fund in the world with over $125 billion in assets under management.
Recently, Ray published his new book that teaches the readers his construct for understanding economic credit cycles.
On today’s show, Stig and I are going to conduct an overview of his book, and we’ll talk about the more interesting things that we learned by going through it. Without further delay, here’s our review of Mr. Dalio’s new book, “Big Debt Crises.”
Intro 0:39
You are listening to The Investor’s Podcast where we study the financial markets and read the books that influenced self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 0:59
All right. How’s everyone doing out there? Welcome to The Investor’s Podcast. I’m your host Preston Pysh. As always, I’m accompanied by my co-host, Stig Brodersen. Like we said in the introduction, we’re really excited to be covering Ray’s new book, “Big Debt Crises.”
HELP US OUT!
What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!
BOOKS AND RESOURCES
- Ray Dalio’s video, How the Economic Machine Works.
- Ray Dalio’s interview where he mentions the 30% decline in the value of the dollar.
- Ray Dalio’s new book on Amazon: Big Debt Crises.
- Ray Dalio’s new book on pdf: Big Debt Crises.
NEW TO THE SHOW?
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!
SPONSORS:
- Download your free audio book at Audible
- Find the best job candidate at Ziprecruiter
- Create original investment research with INVRS
- Move your business to the cloud with Netsuite
- Move your business forward with TripActions
- Explore a mobile plan that can change as your business does with Telstra
- Access a world of knowledge with The Great Courses Plus
- Home security done right with SimpliSafe
Disclosure: The Investor’s Podcast Network is an Amazon Associate. We may earn commission from qualifying purchases made through our affiliate links.
PROMOTIONS
Check out our latest offer for all TIP listeners!
WSB + BFF + RWH Promotions
