Over the previous 5 years, Ray Dalio, one in all America’s most profitable traders, has printed a collection of books, every meant to impart knowledge to a youthful technology. The primary ebook, Principles: Life and Work, shared the unconventional rules which have guided his life and profession. It grew to become a bestseller, promoting effectively over a million copies. Subsequent got here Big Debt Crises, a examine of economic crises and the way nations navigate them. Lastly, he has simply printed his newest bestseller, Principles for Dealing with the Changing World: Why Nations Succeed and Fail. A historical past of the rise and fall of empires over the past 500 years, the book makes use of the previous to ponder the longer term, notably the destiny of the US and China. As was the case with Principles, Dalio has produced an animated video that explains key concepts in the book. Launched in early March, the video has already been considered 8.6 million instances. Watch it above, and think about pairing it together with his different animated video, How the Economic Machine Works.

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