Ray Dalio | Great Depression | $20 Trillion Stock Market Crash

Описание: Ray Dalio provides the most remarkable insights into the upcoming 2020 Great Depression during this virtual Ted Talk! These are very challenging times, and Ray sees a $20 Trillion (yes Trillion with a ‘T’) Loss in world GDP. With unemployment soon to top 30 million in the United States, and upwards of 300 million globally, things look very dark in the upcoming months. Please see biography on Ray Dalio below, and a link to his amazing book, Principles.

Raymond Thomas Dalio (born August 8, 1949) is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$ 5 million investment from the World Bank's retirement fund.

Dalio was born in New York City, and attended C.W. Post College of Long Island University before receiving an M.B.A. from Harvard Business School in 1973. Two years later, in his apartment, Dalio launched Bridgewater. In 2013, it was listed as the largest hedge fund in the world. In 2020 Bloomberg ranked him the world's 79th-wealthiest person.

Dalio is the author of the 2017 book Principles: Life & Work, about corporate management and investment philosophy. It was featured on The New York Times best seller list, where it was called a "gospel of radical transparency”. Find Ray’s Book ‘Principles’ Here: https://amzn.to/2S3Cx2P

0:00 Introduction
0:20 Ray Dalio Great Depression
12:36 Conclusion

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