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    Constanta Dobre
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    Ray Dalio, founder of Bridgewater Associates, created a simple but not oversimplified video illustrating how economic cycles arise from the basic driving forces of the economy such as credit, interest rates, leveraging, and financial distress. Dalio views the economy as analogous to a machine that, while relatively simple, is often misunderstood. He attributes much of his success as a billionaire to guiding principles for critical thinking in both his professional and personal life, principles he later clarified in his influential book Principles: Life and Work as he approached his seventies and sought to give back.

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    Ray Dalio, founder of Bridgewater Associates, created a simple but not oversimplified video illustrating how economic cycles arise from the basic driving forces of the economy such as credit, interest rates, leveraging, and financial distress. Dalio views the economy as analogous to a machine that, while relatively simple, is often misunderstood. He attributes much of his success as a billionaire to guiding principles for critical thinking in both his professional and personal life, principles he later clarified in his influential book Principles: Life and Work as he approached his seventies and sought to give back.

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    63 views1 page

    Untitled

    Uploaded by

    Constanta Dobre
    Ray Dalio, founder of Bridgewater Associates, created a simple but not oversimplified video illustrating how economic cycles arise from the basic driving forces of the economy such as credit, interest rates, leveraging, and financial distress. Dalio views the economy as analogous to a machine that, while relatively simple, is often misunderstood. He attributes much of his success as a billionaire to guiding principles for critical thinking in both his professional and personal life, principles he later clarified in his influential book Principles: Life and Work as he approached his seventies and sought to give back.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
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    In my perspective about Ray Dalio video, A Founder of

    Bridgewater Associates, shows thebasic driving forces behind


    of economy and illustrates how economic cycles arise by
    dissolvingconcepts including credit, interest rates, leveraging,
    and financial distress in this simple but notoversimplified
    video. The economy is analogous to a machine. At its most
    basic, it is a relativelysimple machine, but it is not well
    comprehended. Dalio is, of course, a billionaire with his
    ownproperty. He attributes a large part of his
    accomplishment to guiding principles that he might useto
    think critically in both his professional and personal life.More
    recent times, as Dalio approached his seventies, he started
    giving back and clarifythese principles in his book, aptly titled
    Principles: Life and Work. It has had a significant influence

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