(Recorded on 09/17/24) In part two of our series on risk, learn how to quantify risk and return with key concepts like standard deviation and max drawdown. We also stress sequence of returns risk, which can make or break your retirement plan. Later, what to...
Billionaire Bridgewater Boss Ray Dalio Attempts to Explain the Economy in 30 Minutes
The economy works like a simple machine. But many people don’t understand it — or they don’t agree on how it works — and this has led to a lot of needless economic suffering.
I feel a deep sense of responsibility to share my simple but practical economic template. Though it’s unconventional, it has helped me to anticipate and sidestep the global financial crisis, and has worked well for me for over 30 years.
Download Bridgewater’s PDF booklet, Economic Principles.