Principles for Navigating Big Debt Crises
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Ray Dalio, the legendary investor and #1 New York Times bestselling author of Principles —whose books have sold more than five million copies worldwide—shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate 2008’s events and navigate them well while others struggled badly. As he explained in his #1 New York Times bestseller Principles , Ray Dalio believes that most everything happens over and over again through time so that by studying patterns one can understand the cause-effect relationships behind events and develop principles for dealing with them well. In this three-part rese…
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