Ray Dalio on Deleveraging and the Economic Machine

Ray Dalio is founder of Bridgewater Associates, the world’s largest and best performing hedge fund. His firm’s research focuses on “macro” investment, seeking to capitalize on marginal changes in high level issues that affect the global economic environment. In his “Template for Understanding”, Dalio communicates the fundamental workings of his economic machine and explains the impact of deleveraging on money, credit, debt the business cycle and investment. His Charlie Rose interview, also linked below, is among Charile’s best of the year.

LINK: Television Interview – Charlie Rose (Bloomberg)

LINK: A Template for Understanding How the Economic Machine Works