I’m working through RD’s new book and really enjoying it. I like the whole-body approach to economics and the market.
There are interviews on this site, and I would enjoy discussing them as well.
I watched these YT videos a while back and figured I’d put them up as I work through them again. He’s not so much a stock picker but a teacher who puts his and others’ money where his mouth is.
Anyway, I’d like to hear what you think once you actually watched the videos.
Number one:
I began here, from Davos in January.
if I had to stock pick, I’d go broad, long QQQ and AI and AI applications in particular, which I kind of did. 
61,567 views Jul 11, 2025
Join Bridgewater founder and #1 New York Times-bestselling author and investor Ray Dalio for an urgent conversation about America’s role in the global economy and debt — and his new book, How Countries Go Broke: The Big Cycle. Recorded June 26, 2025, at The 92nd Street Y, New York.
It’s a good talk to listen in on at 1.5 speed.
What I ended up focusing on were RD’s thoughts on safety in an unstable economic situation, which he thinks we are in re: the debt and deficit, lack of political compromise and such things
What I can get in my Schwab IRA (which is best place for them) are SCHP or SWRSX, the latter being a bit cheaper.
Gold as a hedge. RD likes gold, 10-15% of your portfolio. In Schwab, there is GLD, IAU, or SGOL, all gold backed securities, the latter which is Swiss and has the lowest cost ratio. he also buys a gold coin for his grandkids each year, so physical gold is OK, I suppose, but the usual storage issues come with it.
He does not like real estate for diversification. “It can be taxed.”
Tariffs are fine if done right, as it is government revenue that doesn’t have to come from another source.
A 24 year old asked him what should I do: work and be passionate about your work but don’t forget about the money part. Save.
I realize that’s old advice, but I’m gravedigging an old post to note that Schwab won’t let me buy SWRSX and some other things ever since it found out (meiyou banfa) that I no longer live in the States. So sometimes I buy Vanguard funds instead, which Schwab will let me do. Is there a “best practices for dealing with Schwab from Taiwan” thread?
Haven’t watched any of the videos, but did read Principles for Dealing with the Changing World Order (2021) over the last month. Your post above in March noting stage 5 is fully discussed there. Dalio believes the US will be usurped by China in the not-too-distant future.
Not necessarily. He says traditionally when one superpower is challenged by another war usually results between the two. It is not a given.
Yes as we saw the difference between WWII and the Cold War.
Although the difference might have come down to individual decisions on either side. 
I’d say the odds on that these days are higher than normal. Which is good. I’m not a doom and gloomer.
The dude sounds smart. But his claim to fame is getting all that chainar money.
Other than that he barely makea a blip in performance
Haven’t read this yet, but here for reference .
https://x.com/raydalio/status/2067702086460997687?s=46
Ray went to China.
On Chinese Culture, the Tribute System, the 100 Years of Humiliation, The Art of War, “One China with Taiwan Part of China,” Where We Are Now, and Where We Are Headed
A shorter version of this note first appeared in the
.
Where We Are Now
I recently spent a month in Asia, including 10 days in China, where I met with senior policy makers in several countries, and I found that over the past few months there has been a big shift in the world order because:
When the fuck are they going to stop whining about the 100 years humiliation. They had 5,000 years at the top (go ahead, ask them!) and plenty enough centuries humiliating every other civilization they made kowtow to the Emperor.
The national debt is going to increase from $40 trillion to $50 trillion in the next three years. Now would be a good time for Deiocrats to roll out Free Lunchonomics – aka ‘Modern Monetary Theory’ – again to see if all we have to do to solve our current fiscal problems is to just print enough money.
Well, I’m watching the newest EO broadening the definition of small business so allow larger businesses to apply for govt loans. From
The research I’ve done, focusing on the smallies to expand will have a positive effect — but $40 trillion is quite a challenge.
