Sunday, September 29, 2013

How The Economic Machine Works by Ray Dalio

This is a great post from Ray Dalio on how the economy works which comprises of transactions and how credit is created. This gives insight into economic cycles. Ray Dalio is the hedge fund manager of Bridgewater Associates with $75 billion under management. I strongly recommend all readers to watch this video as this is 31 minutes well spent! This gives a simple insight and understanding of the economy.

Also check out, The Alpha Masters: Unlocking the Genius of the World’s Top Hedge Funds,where Dalio gave Maneet Ahuja exclusive access for a rare interview and profile of himself.

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