“The Times Ahead Will Be Radically Different” — Ray Dalio

Ray Dalio warns us in his new book that times have changed and we are facing a new paradigm.

One of the best investors of all time and creator of the “All Weather Portfolio” warns us in his new book that times have changed and we are facing a new paradigm.

“I believe the world is changing in big ways that haven’t happened before in our lifetimes but have many times in history, so I knew I needed to study past changes to understand what is happening now and help me to anticipate what is likely to happen next. I shared what I learned in my book Principles for Dealing with the Changing World Order.” — Ray Dalio

During more than 50 years of macroeconomic investing, if there has been one key lesson, it is that all destabilizing events, even if they have not occurred before, have an eminently cyclical effect on a large scale.

This is a huge list, but one that has been magnified in recent years by the high degree of globalization we are experiencing in the world. The war in Ukraine…