![]() ![]() Let me begin with a story that brought me to this point about how I learned to anticipate the future by studying the past. HOW I LEARNED TO ANTICIPATE THE FUTURE BY STUDYING THE PAST You can find the comprehensive version in my book “Principles for Dealing With The Changing World Order”. This study taught me valuable lessons that I’m going to pass along to you here in a distilled form. And every time they did, it was a sign of the changing world order. These painful surprises led me to study the last 500 years of history for similar situations where I saw that they had indeed happened many times before, with the ups and the downs of the Dutch, British and U.S. ![]() Over my roughly 50 years of global macroeconomic investing, I’ve learned the hard way that the most important events that surprised me did so, because they never happened in my lifetime. ![]() ![]() How do I know that? Because they always have been. The changing world order - the times ahead will be radically different from those that we’ve experienced in our lifetimes, though similar to many times before. Full text of author Ray Dalio’s talk titled ‘Principles for Dealing with the Changing World Order’. ![]()
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