Bridgewater anticipated the 2008 financial crisis by studying the 1930s
Ray Dalio · #23 Ray Dalio: Life Lessons from a Self-Made Billionaire · Oct 11, 2017 · at 16:07
Ray Dalio explains how studying historical patterns that have not occurred within one's own lifetime enabled Bridgewater to anticipate the 2008 financial crisis.
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“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.”
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