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SUMMARY OF PRINCIPLES FOR DEALING WITH THE CHANGING WORLD ORDER BY RAY DALIO Why Nations Succeed And Fail [#428074]
Quick Reads, "SUMMARY OF PRINCIPLES FOR DEALING WITH THE CHANGING WORLD ORDER BY RAY DALIO: Why Nations Succeed And Fail"
English | 2022 | ASIN: B09QD3GNDB, B09QFBNQC1 | EPUB | pages: 32 | 0.2 mb
Ray Dalio is among the world's most successful investors, and in this new book, Principles for Dealing with the Changing World Order, he reveals how he and his colleagues at Bridgewater Associates choose investments for the future.
His approach, however, is not what you would get from the standard-issue Wall Street stock picker. Instead, Dalio's philosophical foundation for choosing investments is a sprawling, holistic study of how the world has worked over hundreds of years of history. What he found is that dominant countries, or what he calls "empires," inevitably rise and fall over long segments of time. Nothing is forever, including, as Dalio documents, America's position as the leading world power today.
..Dalio takes readers on a tour of the major empires, including the Dutch, British, and American, in this remarkable and timely addition to his Principles series, putting the "Big Cycle" that has driven the successes and failures of all of the world's major countries throughout history into perspective.
He also unveils the timeless and universal forces at the root of these upheavals and utilizes them to forecast the future, providing practical advice on preparing for what lies ahead.
Through this summary and analysis of the book which is in no way intends to displace the original work but offers the following:
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