Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
You know, yeah, it seems crazy. It seems like we are going from a transition. I'm just being analytical.
Mechanical. Okay. We are going from a transition in which there is, I don't know, collectivism, a... multinational, you know, all the constituents working together kind of environment that has also created a bureaucracy and inefficiencies and so on.
Mechanical. Okay. We are going from a transition in which there is, I don't know, collectivism, a... multinational, you know, all the constituents working together kind of environment that has also created a bureaucracy and inefficiencies and so on.
Mechanical. Okay. We are going from a transition in which there is, I don't know, collectivism, a... multinational, you know, all the constituents working together kind of environment that has also created a bureaucracy and inefficiencies and so on.
So you're going from an environment in which there was a World Health Organization, a World Trade Organization, a World Bank, and all of that, to unilateral, in my own interest, In other words, as a country or within a country, as a constituency, my tribe, what is my interest? And you're going to fight for it. So we have evolved into that kind of. lay of the land situation.
So you're going from an environment in which there was a World Health Organization, a World Trade Organization, a World Bank, and all of that, to unilateral, in my own interest, In other words, as a country or within a country, as a constituency, my tribe, what is my interest? And you're going to fight for it. So we have evolved into that kind of. lay of the land situation.
So you're going from an environment in which there was a World Health Organization, a World Trade Organization, a World Bank, and all of that, to unilateral, in my own interest, In other words, as a country or within a country, as a constituency, my tribe, what is my interest? And you're going to fight for it. So we have evolved into that kind of. lay of the land situation.
And so the question is almost, what is the we? Who is in control? Okay. I mean, we change control very quickly. And then who has the plan? So now you get in control. You fight to get into control. You're in control. You got to do things quickly and you're doing things quickly. You know, we don't have the continuity to be able to work together, to be able to have a plan
And so the question is almost, what is the we? Who is in control? Okay. I mean, we change control very quickly. And then who has the plan? So now you get in control. You fight to get into control. You're in control. You got to do things quickly and you're doing things quickly. You know, we don't have the continuity to be able to work together, to be able to have a plan
And so the question is almost, what is the we? Who is in control? Okay. I mean, we change control very quickly. And then who has the plan? So now you get in control. You fight to get into control. You're in control. You got to do things quickly and you're doing things quickly. You know, we don't have the continuity to be able to work together, to be able to have a plan
Conker, you're so idealistic. No, no, no. Realistic. Yes, we all should work together.
Conker, you're so idealistic. No, no, no. Realistic. Yes, we all should work together.
Conker, you're so idealistic. No, no, no. Realistic. Yes, we all should work together.
I think, no, but I think that's what I mean. The notion that it's fair to, denies the reality that we're in an environment of pursuit of self-interest. So if you take the fight, let's say, of technologies, of course, the one who wants to get the latest AI out wants to beat the other one who does it, let alone an American firm and a Chinese firm.
I think, no, but I think that's what I mean. The notion that it's fair to, denies the reality that we're in an environment of pursuit of self-interest. So if you take the fight, let's say, of technologies, of course, the one who wants to get the latest AI out wants to beat the other one who does it, let alone an American firm and a Chinese firm.
I think, no, but I think that's what I mean. The notion that it's fair to, denies the reality that we're in an environment of pursuit of self-interest. So if you take the fight, let's say, of technologies, of course, the one who wants to get the latest AI out wants to beat the other one who does it, let alone an American firm and a Chinese firm.
And I'm just trying to describe the reality to you, Tucker. So now let's look at those realities. That's the reality. So when you say they should, Okay, that's the theoretical should. They should come up with rules that is better for the harmony of the people as a whole. Okay, I agree they should. I guess what I'm saying is I'm once again disappointed by people. You got to grow up, Tucker.
And I'm just trying to describe the reality to you, Tucker. So now let's look at those realities. That's the reality. So when you say they should, Okay, that's the theoretical should. They should come up with rules that is better for the harmony of the people as a whole. Okay, I agree they should. I guess what I'm saying is I'm once again disappointed by people. You got to grow up, Tucker.
And I'm just trying to describe the reality to you, Tucker. So now let's look at those realities. That's the reality. So when you say they should, Okay, that's the theoretical should. They should come up with rules that is better for the harmony of the people as a whole. Okay, I agree they should. I guess what I'm saying is I'm once again disappointed by people. You got to grow up, Tucker.
Hugely. The greatest. So I've studied history, right? Yes. I study, you know, what was the impact of the printing press and what was the impact for the industrial revolutions and so on. This, in my opinion, is the biggest impact that we have because it will revolutionize all thinking that applies to everything. It applies to everything. So whatever you're doing, it will make...