Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, it goes in ebbs and cycles. I would look at it this way. There are many religions in the world, right? Most of the religions have two components to them. The first component is, you know, follow the word of God and you have to follow it, you know, in that way. But the others are about harmony. And they are, in other words, how do we create a harmonious society?
You know, so you look at the Ten Commandments or something, and there are rules for how do you achieve harmony. And there are things like karma. Okay, how do you achieve harmony? So different societies have different ways of trying to achieve harmony. So I think that's important, harmony. I think it comes down to some basic things, like I study this thing and I go around the world. I think first,
You know, so you look at the Ten Commandments or something, and there are rules for how do you achieve harmony. And there are things like karma. Okay, how do you achieve harmony? So different societies have different ways of trying to achieve harmony. So I think that's important, harmony. I think it comes down to some basic things, like I study this thing and I go around the world. I think first,
You know, so you look at the Ten Commandments or something, and there are rules for how do you achieve harmony. And there are things like karma. Okay, how do you achieve harmony? So different societies have different ways of trying to achieve harmony. So I think that's important, harmony. I think it comes down to some basic things, like I study this thing and I go around the world. I think first,
Do you educate, raise your children well? Okay. In other words, educate them in capability, so they're capable, but also in civility and how they are with each other, because a capable civil person will come out to a society in which they can work well together to be productive, that people have to be productive, right?
Do you educate, raise your children well? Okay. In other words, educate them in capability, so they're capable, but also in civility and how they are with each other, because a capable civil person will come out to a society in which they can work well together to be productive, that people have to be productive, right?
Do you educate, raise your children well? Okay. In other words, educate them in capability, so they're capable, but also in civility and how they are with each other, because a capable civil person will come out to a society in which they can work well together to be productive, that people have to be productive, right?
So, but in order to be productive, you have to have a harmony, they have to deal with the questions. I'm answering your question about how we deal with this. I'm saying we have to deal with it together. There's only in an environment where there's harmony rather than fighting, are you going to be able to address the types of questions that you're raising, right?
So, but in order to be productive, you have to have a harmony, they have to deal with the questions. I'm answering your question about how we deal with this. I'm saying we have to deal with it together. There's only in an environment where there's harmony rather than fighting, are you going to be able to address the types of questions that you're raising, right?
So, but in order to be productive, you have to have a harmony, they have to deal with the questions. I'm answering your question about how we deal with this. I'm saying we have to deal with it together. There's only in an environment where there's harmony rather than fighting, are you going to be able to address the types of questions that you're raising, right?
How do you, you know, when you're asking me, you know, is what's going to happen with AI and And then you say, we need to do this and we need to do that. It strikes me that how the we's deal with each other to be able to deal with those things is the most important things. And there are basics of how we deal with each other. That's the most important thing. I agree with that.
How do you, you know, when you're asking me, you know, is what's going to happen with AI and And then you say, we need to do this and we need to do that. It strikes me that how the we's deal with each other to be able to deal with those things is the most important things. And there are basics of how we deal with each other. That's the most important thing. I agree with that.
How do you, you know, when you're asking me, you know, is what's going to happen with AI and And then you say, we need to do this and we need to do that. It strikes me that how the we's deal with each other to be able to deal with those things is the most important things. And there are basics of how we deal with each other. That's the most important thing. I agree with that.
No, my dad was a jazz musician and, you know, we had a low middle class family, but I have it everything I ever needed.
No, my dad was a jazz musician and, you know, we had a low middle class family, but I have it everything I ever needed.
No, my dad was a jazz musician and, you know, we had a low middle class family, but I have it everything I ever needed.
Oh, almost general. If you get past the things that you, your basics, you know, if I can, you know, health, education, habitat, and you get past those, you've got everything you need. And then if you have community, you have everything you need. That is the best.
Oh, almost general. If you get past the things that you, your basics, you know, if I can, you know, health, education, habitat, and you get past those, you've got everything you need. And then if you have community, you have everything you need. That is the best.
Oh, almost general. If you get past the things that you, your basics, you know, if I can, you know, health, education, habitat, and you get past those, you've got everything you need. And then if you have community, you have everything you need. That is the best.
It was the government that was the big buyer. Then you get everybody leveraging up. Then you've got a problem. Do you own Bitcoin, Ray? Yeah, I have some. Not nearly as much as gold. The AI war, it's a war that no country can lose. If China or the US really lose this war, it's more important than profits. We're at a civil war internally and we're at an international war simultaneously.