Ray Dalio on Economic Trends, Investing, and Making Decisions Amid Uncertainty
1/20/202630 min
Over the years, investor Ray Dalio built his hedge fund, Bridgewater Associates, into one of the largest in the world. He's done that in part by understanding the history of economic cycles and macroeconomic trends. He's also made shrewd investing and management decisions and stands by his values. He shares where he sees the U.S. today in terms of economic power and the progress that leaders of all kinds need to make to better the situation, as well as his personal views on how to lead well. Dalio is the author of How Countries Go Broke: The Big Cycle.
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First 90 secondsAlison Beard· Host0:00
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Alison Beard· Host0:51
I'm Alison Beard, and this is the HBR Idea Cast.
Adi Ignatius· Host0:57
[music] So, Alison, there seems to be a consensus that it has never been harder to be an executive. Some of it is internal. We have technology requirements, we have talent challenges, and we've created ever more complex organizations that test our ability to manage them. But a lot of it is external. There's an unstable global environment that we have to understand and manage to lead effectively.
Alison Beard· Host1:24
Yeah, of course. Economic trends, geopolitics, technological disruption. We've said it