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.