Changing World Order with Ray Dalio: How countries rise and fall | What cycles of history can teach us now

Hey. It's Tony Robbins. Welcome back to the Tony Robbins podcast. Today, I have a unique privilege and pleasure, and that is to bring you a conversation with a personal hero to me, as well as millions of people around the world. This is a man who's very humbly started as a golf caddy, if you can imagine, and became the most successful hedge fund manager in history, returning investors more than $50,000,000,000 in returns. But he's also an unbelievable entrepreneur, and so many of you out there entrepreneurs, one of the most successful companies in history started Bridgewater in a two bedroom apartment at the age of 26, and he's grown that organization to manage almost $235,000,000,000 in business. He's also an incredible student of history. He's had a ticket history. He's been a part of that at this stage of his life, but he has a unique vantage point of looking at things differently than most people. And some of you are familiar with the first book that he came out with, and I know it was the first, but the first major book for the general population was called Principles. And, we've shared that with most of you showing how important it is. And so today, we're gonna talk about his new book, and it's called Principles for Dealing with the Changing World Order. It's actually really the understanding of how countries rise and fall and how they succeed and fail and where we are today. This is the book. Wanna make sure you all pick it up for sure. And, Ray, I just wanted to thank you first of all for joining me again. It's great to see you. It's so great to see you too, Tony. You look great, and you're, also had a glimpse in at your family. And so that brings me a lot of joy. So good to to be here. Thank you. I really appreciate it. Listen. This book is extraordinary. 600 pages. You go through five hundred years of history to recognize patterns. And I think before we start, if I may, I'll take a minute just to set this up for everybody. Because most people that followed me know that, my belief is that power comes to those that can do three things. One, recognize patterns. I don't care if it's in music or it's entertainment or it's in business or it's financial stocks, the financial world. If you can recognize patterns, you can take things that look like chaos and turn it into something that you can predict and begin to perhaps anticipate. Now, there's one power in life and in business is the power to anticipate. You know, leaders anticipate, people that lose tend to react. And so we wanna see if in this conversation, we can give you a a broader picture of where the world is and where America is, and more importantly, the why we are here. Because if you understand the the causes, …