2008 financial crisis

2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Oct 11, 2017 by Ray Dalio · across every show →

Everything said about 2008 financial crisis, oldest first

Oct 11, 2017 positive
Assertion Not checkable as stated
Bridgewater anticipated the 2008 financial crisis by studying the 1930s
“The only reason we were able to anticipate it and benefit from it is because it, we felt that it was necessary to understand what had happened in the thirties and what happened before, because the same things happen over and over again.”
Ray Dalio Oct 11, 2017 ▶ 16:07 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Jan 13, 2026 neutral
Insight
Parrish: 2008 crisis was driven by psychology and incentives, not finance
“The financial crisis of 2008, for example, wasn't really a financial problem. It was a psychology problem. An incentives problem wrapped in a complexity problem.”
Shane Parrish Jan 13, 2026 ▶ 2:36 The Multidisciplinary Approach to Thinking | Peter D. Kaufman [Outliers]
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