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.
Ray Dalio felt a deep sense of responsibility to share his simple but practical economic template. Though it’s unconventional, it has helped him to anticipate and sidestep the global financial crisis, and has worked well for him for over 30 years.
This is the hedge fund manager Ray Dilio, right?