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My thoughts on “The Big Cycle of the United States and the Dollar, Part 1” by Ray Dalio

Yesterday, Ray Dalio published the latest chapter titled “Chapter 4: The Big Cycle of the United States and the Dollar, Part 1”. Overall, it is a good read, even though it doesn’t include as many new ideas or insights as I hope it should. This is partly because I have been following Ray’s public sharing for a while, including many of his recent interview with Bloomberg, TED, Goldman Sachs, etc. If you haven’t been reading or watching Ray’s writing/talks, then there is plenty of new information, insights in this article (or the whole series) for you.

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How to apply Ray Dalio’s sharings to your personal finance?

I am a big fan of Ray Dalio’s sharing/teaching. I have been reading his books, articles on LinkedIn, and watching his Youtube videos. Recently, Ray has been sharing a series about the Changing World Order and lessons learned from the big cycles over the past 500 years. He also appeared on Bloomberg to share his thoughts about the Economy, Pandemic, China’s Rise. This interview is similar to a discussion Ray had with Jim Haskel on Bridgewater Associates’ Youtube channel about “Managing Money in a Zero Interest Rate Environment”.
Ray’s sharing has many implications for the world economy, policymakers, investors, etc. At a personal finance level, his main recommendation is diversification. This post is about how I interpret his recommendations and apply them to personal finance.

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