A review by gvenezia
The Changing World Order: Why Nations Succeed and Fail by Ray Dalio

4.0

While he isn't a proper academic, Dalio is a principled investor with a proven track-record who thinks in much wider time scales than most in the industry. His more careful and humble approach to investment is invaluable for the type of investor understands that world orders shift constantly, are somewhat unpredictable, and that investments which matter over a lifespan are irretrievably dependent on the long-historical macro environment. His communications could definitely be tighter and more rigorous, but at least the book and his ideas are easily digestible and non-jargony.