Ray
Dalio manages the world's largest hedge fund, Bridgewater
Associates.
It
has a tremendous track record, so when the man talks about markets, people
usually listen.
Beyond
that, Dalio is known for having one of the most refined understandings of the
economy in the financial industry.
Lots
of investors pontificate, but Dalio's views are legitimately
well-respected.
As
part of his mission to explain how the economy works, Dalio has put together
a neat,
new 30-minute animated video called "How the Economic Machine Works,"
where Dalio narrates his big-picture view of the
economy.
"I
feel a deep sense of responsibility to share my simple but practical economic
template," Dalio says. "Though it's unconventional, it's helped me to anticipate
and sidestep the financial crisis, and it has worked well for me for over 30
years."
Dalio
is worth almost $13 billion, so it's safe to say his
economic template has served him well.
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