"Power comes to those that can recognize patterns" Tony Robbins
We are living in historic times. It's no wonder that as disruptions to life as we know it occur on a global scale, people are experiencing high levels of stress and anxiety. While you may want to turn off the news and cover your eyes, the truth is: there’s power in being able to recognize the underlying patterns and anticipate what's coming so that we can prepare and respond.
Ray Dalio is the founder and co-Chairman of Bridgewater Associates, as well as a #1 NY Times bestselling author.
Ray conducts his business and lives his life based on key PRINCIPLES. His latest book, Principles for Dealing with The Changing World Order points out why nations rise and fall and shares information you need to recognize the times we are living through are part of a larger cycle that has taken place many times before.
In this 2022 interview with his friend Tony Robbins, Ray shares what we can do on a personal level and on the collective to navigate these unique times.
To watch the interview, go here: https://youtu.be/q3hdisdjBjQ
SHOW NOTES
[1:39] Tony on the Power Patterns [8:51] The Cycle Explained: What's a New World Order? [16:00] What's a populist? [18:50] The 8 Measures of Power [23:52] The 3 Big Events that lead to a Changing World Order [28:40] Why did Donald Trump get elected in 2016? [31:02] The 5 Types of War [35:20] Ray's methodology of studying history [40:17] The collective experience is all about how we are with each other [41:29] Education, and disparity in the state of Connecticut [46:49] They call them revolutions but they're civil wars [54:03] Ukraine, Russia, and China [1:03:02] Inflation: What got us here and what do we do now? [1:10:00] Taking away buying power to fight inflation = period of stagflation [1:14:47] The Holy Grail of Investing = diversified uncorrelated assets [1:18:28] More on China [1:24:25] Ray's 3 Tips: How You Can Avoid the Decline [1:28:47] "Whatever success I've had has come more from MEDITATION than any other influence."- Ray Dalio [1:33:44] At 72, what's next for Ray Dalio