Principles for Dealing with the Changing World Order (5-minute Version) by Ray Dalio 

Book name

@pola gerges Changing World Order

what book

Heavy Stuff Ray!

sounds like a history book more than a investing book

Thanks ❤

Rays also got a pretty good narrative voice.

A terrifying one to say the least

The longer version is captured nicely in the book "The Rise and Fall Of The Great Powers" by Paul Kennedy.

We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

@Brillian Tran we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

@tudorrwilson My Financial adviser is ‘’JULIE ANNE HOOVER’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

1 If you look international K-12 exams like OECD or PISA, the American K-12 education has been lagging behind other countries. 2 American universities still have the lead, but if you took away Affirmative Action you'd see the that the vast majority of top performing students are...exactly. Chinese. 3 If you look at the only universities who have been continually climbing in world rankings (TIMES, QS) - look at Tsinghua and Beijing University. The writing is on the wall. Ray gets it.

If you apply these metrics to Russia (and the current war), than you will get some new insight.

Yes, they can. A country is just the aggregate of its people and its families.

Not sure I totally agree with this statement. These macro forces are not something that you can stop even if you're aware - it's essentially built into human nature. Number 1 is never Number 1 forever.

Its extremely biased to learn from history, you need to look at everything from fresh perspective

I would love to see both of them update their models with a curveball that seems causally relevant and might bring this more in the direction of 'figuring out' than debate. The education models of the 20th century face a core contradiction, as do the people-related professions more broadly -- they're based on the principle of compliance with paradigms that are widely, at a minimum, wasting most participants' time in these 'knowledge-saturated' and 'liminal' times. Arguably, that's nothing new, but what's new are some trends like, many professionals including teachers and healthcare professionals quitting or dealing with chronic moral distress not being able to help with most problems people they're paid to help are facing -- namely, (1) complex or 'wicked problems' that require interdisciplinary figuring out, and often collaboration and inquiry of the 'radical open mind' variety rather than fragmented professional fields, (2) needing money or viable paths to obtaining money or what money is supposed to be able to pay for, like survivable and 'worth it' circumstances in environments that make 'flourishing' and 'thriving' possible, (3) widespread loneliness/isolation and/or conflict -- and superficial relationships -- with each other, overlapping with disruption and barriers to trust, communication, and ways to sort out mutual understanding and generative 'worth it' ways of working with and relating to each other. In other words, 'how people are with each other' is not going well in a lot of contexts, which often precludes the collaboration and figuring out necessary to address the problems. And I believe AI isn't going to solve this problem -- *people* have to solve the problem by (re)discovering what they're capable of. In their 1973 paper defining 'wicked problems', cited over 20,000 times, Rittel and Weber helpfully named this class of problems, but they characterized them as more or less unsolvable quagmires -- based on reasoning that I believe doesn't hold water today. And I'm not alone -- for example, see Asta Raami's paper "Toward Solving the Impossible Problems" and Markauskaite & Goodyear's book "Epistemic Fluency and Professional Education: Innovation, Knowledgable Action and Actionable Knowledge." In fact, Rittel and Weber gave a nod to the problem, opening their 1973 paper with a quote from George Barnard Shaw, 'all professions are conspiracies against the laity.' When they're also 'conspiracies' against the professionals working in them, it's like Otto Shermer's u-lab class put it: "Our civilization is hitting a wall' and 'we don't know what to do.' Still, these type of classes and even the wonderful Principles for Success stand alongside the fact that the education systems people spread around the world in the 20th century, based on chasing grades for a chance at a better life, are fundamentally oppressive and counter to people thinking for themselves or more than one person doing this at a time. And these days, students are also widely being influenced by ideas like 'boundaries', the Call to Adventure, and seeing that complying isn't likely to result in a life of flourishing. At best, young people can expect either not having enough earnings, or managing financial success like I'm dealing with -- triaging my earnings trying to coordinate survivable circumstances for a few people I care about while spending most of my time figuring out to connect the dots between what various people are saying and weave it together better than I have so far. I wonder, what might be some next steps with this?

Are you kidding me?

My advisor "Marcia Ann Bice " is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@Dorian Jacobs My portfolio comprises of three major markets, and Marcia Ann Bice is the investment advisor that guides me, she's well renowned, most likely the internet is where to find out about her.

@Jonathan Nathan Having a good instructor is fundamental for portfolio broadening. Marcia Ann Bice has always been that FA who is effectively >>accessible and has broad information on the monetary business sectors

@Elizabeth Adams I just discovered her outstanding resume when >>I searched for her name on Google.>>I count it a blessing that I came across this comment section.

@Jacob Stones She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

Same here, I feel like I'm not making any progress.

@Allison Sherman Wilford helped me join a brotherhood that changed my life.

@Joseph Green What kind of organization was it?

@Allison Sherman A group dedicated to making a positive impact. I can’t really say much about it.

@Joseph Green How can i reach out to Wilford and join this organization?

Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.

@Trazz Palmer Especially because their expertise is centred on short- and long-term holdings for profit realisation and because of their distinctive research, it is nearly impossible for them to underperform, I prefer to seek the advise of financial consultants when making my daily investment decisions. My consultant and I have been investing together for a little over two years and we have already produced sizeable net profits.

@Grace Ocean That does make a lot of sense, good for you though, unlike us, you seem to have the Mrkt figured out. Who is this consultant?

I've spared myself the hassle that a disorderly market brings. Because of my line of work, I am unable to manage my portfolio, so I simply mimic the trades of SALVATORE FORTUNATO SOFIA, a Financial consultant I watched on Bloomberg Business News. These days, the best approach to enter the market is through reading, researching, being patient, and getting advice when necessary. After that, everything went smoothly.

Sofia gives off the impression of being a significant authority in her field. When I searched for her online, I came on her website, which I checked out to learn more about her credentials, training, and work. She has a fiduciary obligation to look out for my interests. In order to use her services, I scheduled a call with her.

I'll suggest you find an investment coach or someone with market experience before the 08' crash to guide you amidst this inflation.

@Gary Lewis I agree, that's the more reason I prefer my day to day investment decisions being guided by an inv-coach, seeing that their entire skillset is built around short & long term holdings for profit realisation, coupled with the exclusive analysis they possess, it's near impossible to not out-perform. I've been investing with a coach literally for 4years, and have accrued approx. $1.4m in net-profits thus far.

@Trent Reeves congrats. this is huge! mind sharing info on the coach that assists you? cos i’ve got a bunch of stocks that keeps tanking and don't know if its best to just dump amidst ongoing inflation.

@Gary Lewis I am guided by *Robin Brezik* I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.