Ray Dalio's Lessons From The Financial Crisis

Ray Dalio, Bridgewater Associates founder, co-chair and co-chief investment officer, discusses his new book, "A Template for Understanding Big Debt Crises," which looks back on the lessons learned from the financial crisis.
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Ray Dalio's Lessons From The Financial Crisis | CNBC

[@lucaspeters8327]

Please, don't interrupt your guests. Try to seem interested when he answers your questions. Especially with ray dalio. When he speaks, I tent to listen.

[@goodfellabeats]

Joe is the worst! I get so mad when they put Joe on with someone like Ray or Buffett.

[@lucaspeters8327]

goodfellabeats me too. I think it is disrespectful.

[@leoboyle3134]

CNBC should really fire Joe.. He is an absolute disaster - no etiquette, rude and makes the most crazy comments i have seen. CNBC - Are you listening?

[@rebellucy5610]

Joe should be fired. Way past his prime. I guess CNBC keeps him around to have a older rude loudmouth.

[@lucaspeters8327]

Hope they read this too

[@Asama47815673]

Why are you interrupting him at every opportunity? What kind of homes were you raised in? Never seen anything more rude from a news network.

[@animalspirit77]

He is just trying to show off as if he knows something

[@MahdiBanners]

sometimes anchors interrupt when they feel the guest is about to say something important that they don't want the viewers to hear. It's apparent that the old anchor dislikes every word the guest is saying perhaps this anchor has lots of assets everywhere and doesn't want to hear the fact that he's about to lose them.

[@cmares5858]

Joe just can't shut up for more than 30 seconds... let Ray talk and shut up!

[@t.thomas6967]

speaking too much truth for CNBC

[@dividendincome9685]

30 seconds? He can’t last 5 seconds

[@ANDREWP122]

@10:15 "I didn't' ask if you were sad"... savage moment. Love Ray Dalio

[@rebellucy5610]

He is trying to tell Joe he is just a talking head and to shut up!

[@aljones6339]

This guy would have less than 1% voting percentage if he was an employee at Bridgewater

[@afdave7]

yeah, but sadly, Joe didn't figure anything out from this conversation. he probably went home telling his wife that Dalio just wouldn't listen to his point. hahaha. self aggrandizing moron.

[@raymondcaylor6292]

When I took an advanced satistics course in grad school I was also sad when I couldn't understand it.

[@no-bq8hv]

Kernan always tries to be amusing. YUK! He's so annoying.

[@conduit242]

“I didn’t ask if you’re sad.” - How a CNBC anchor gets subtly but epically owned by one of the greatest hedge fund managers in history

[@marilyndalwis]

How rude... Ray's barely able to finish a sentence without these clowns interrupting.

[@jimettamarna417]

Marilyn D.A. - Andrew is good. Becky started off the rude behavior buy holding up her hand to Ray. Then Joe was an ass. It should just be Andrew 1:1 with distinguished guests like this.

[@tyrionjison]

Dalio needs to go on Joe Rogans podcast to have an actual conversation.

[@gavin7miller]

Great idea

[@Ken75ist]

Only if Joe Rogan ask good questions!

[@Ken75ist]

Tunitgreen lmao, I’m lost?

[@fitnesspoint2006]

Joe "dude have you done psychadelics?" Rogan. Ray "no" Dalio that why I have 18 BILLION DOLLARS and you don't.

[@HKashaf]

Joe Rogan doesnt know the first thing about economics

[@conduit242]

One of the rare times you will ever see CNBC give 20+ minutes to anyone. He deserves 20+ hours. Soak up every word.

[@GetYoJonesOn]

Hes so humble for letting them interrupt him. I'd go off on em all and just leave...

[@zachleonard258]

eM right? I mean holy crap one of the smartest people on the planet I feel like, worth billions and you interrupt him. Very humble in the fact that he had every right to berate them for rudeness and he didn’t.

[@goodfellabeats]

eM lol. right?

[@Zhollamychalis]

Does anyone know an interview where Ray is respected enough not to be interrupted like this? My hats off to him for not losing his temper.....again and again.

[@george_carlos]

Zholla Mychalis bump

[@pdstm]

He rambles on too much. It's not a Ted talk it's a panel which has questions too. His story is a broken record and they are trying to relate things to current situation and he never gives a straight answer, just continues his story from where he paused.

[@1life857]

@@pdstm Unfortunately you don't know what you're talking about. What seems to you like a broken record is in actuality him trying to explain that the Capitalism system is a system that has cycles that repeat again and again by design. It's quite predictable. You're welcome!

[@IamTheJesus69]

Nadeem Batt obviously you don’t understand the depth of what he’s talking about. It seems like you just want a buy/sell recommendation or a definite answer on market timing like the hosts do, but the only certainty is that no one knows for certain so these questions are ridiculous.

[@pdstm]

@@1life857 yes I totally get that and follow/believe it too, i didn't say he was wrong.

[@KS-lu2ge]

Dalio's credibility +100%, anchors credibility -100%.....Dalio, the greatest of all...

[@j.a.6866]

Omg, as I continue to watch this I hope Ray NEVER does this crappy show again. These pompous disrespectful “hosts” should be fired

[@mingdianli7802]

It's just Joe

[@alensaric1082]

“I get sad” “I didn’t ask if you were sad” legend

[@fionawilliamson4808]

I wish the anchors would just be silent and let Ray speak!!!!!!!!

[@jettinjetboy]

And this is why I don’t watch CNBC. You have one of the greatest minds in finance on your station and all your hosts are doing is interrupting him and talking over him. Let the man speak! Let him share his wisdom! I’ll take Real Vision over this garbage any day.

[@franzjoseph8752]

Kristian van der Hoek Exactly these hosts at CNBC are clowns

[@NietzscheanWill]

Imagined if the news did that in every situation. Oh, wait...

[@SimonHaestoe]

The dude on the right had it written on his face from the beginning... nervous, so is over compensating like crazy by trying to sound smart next to Ray Dalio. Shutting up would probably have been the better option. He probably had no idea ehat ray was even talking about..

[@joshnalder5011]

I admire Ray's patience.

[@darluok23]

I respect Ray now even more for how he deals with stupidity !!!

[@imdoc7872]

Why do they keep interrupting him? This guy’s analysis and insights are gold. Let him speak

[@alejandrocansecoalvarez2698]

thanks Ray your knowledge is impressive.

[@spade220]

Can somebody shut those anchors ? Whats the point of having a guest if you are not even letting him/her finish his/her sentences.

[@danni972]

@16:00 the guy standing in the background, kissing his pup... lol

[@TheArtOfTrading]

Ray Dalio has his crowd and personal psychology down. That's what makes him so good at reading markets. He knows people and how they behave. You can't predict where prices are going to go with certainty, but you can predict with pretty high accuracy what people are likely to do and extrapolate the consequences from that

[@1life857]

In reality he just knows how the Capitalism system works (booms & busts by design). The cycle repeats itself again and again and it's quite predictable.

[@tiny-dash]

Always love hearing Ray Dalio's thoughts and message, just really wished these people would stop interrupting him… it's literally 3 against 1 and he's not being allowed to finish his sentences.

[@sivanishaharan5349]

The two fools who kept on interrupting Dario, stopped him from sharing his full wisdom!! If the anchors know better, then why have a guest??

[@samace8979]

It be great if Ray Dalio comes on and be interviewed by another asset manager, a praticioner in the subject. I believe there be a more insightful discussion. These anchors are just not able to spark a meaningful dialogue, no offense.

[@brendonvallejo6964]

yes, maybe someone who read his book before the interview ....

[@wmc9722]

Be offensive! They offend.

[@tg8603]

Lol “An inevitable debt crisis makes me sad.” Ray, “I didn’t ask if it makes you sad.” 😂

[@ALPHADOG1900]

I can listen to Ray all day long as if I'm still taking relevant Economics and finance classes.

[@orrensingh4592]

“I didn’t ask if you’re sad” 😂

[@ChrisRing101]

Ray is the man and has been a favorite for years.

[@franzjoseph8752]

Long live Great Ray Dalio.

[@bekindandmerciful5145]

I respect Ray so much. He's humble and genuine and super intelligent.

[@hyrdvoyf4664]

Ray is very patient in the interview. But the basis of any interview is to allow the interviewee to speak. When Ray is speaking, you really need to shut up.

[@jeanetteroman9722]

Very insightful and informative. Would like to see more of him where he’s actually given a platform to speak without so many interruptions.

[@saffron953]

Wonder if the leadership at NBC .. ever watch these anchors perform. Why have Ray on the show when you dont want to listen to what he has to say. Ray is better off doing a podcast.... a better use of this time. Ray is clearly irritated ..

[@pnatgrendy]

I wonder if the bosses ever read these comments

[@mvrajesh1]

LET HIM SPEAK YOU GUYS

[@skolappacaguy]

These anchors interrupting looking for sound bytes and trying to come off smart, so frustrating.

[@GMac5409]

A year late, but still most worthwhile to hear the comprehensive understanding / well thought out and informed perspectives Ray Dalio brings to this discussion. Best I have encountered, and I have been reading / listening to many related discussions during the past year.

[@samario_torres]

I want to see Ray Dalio - Jamie Dimon talk

[@tinnguyen2219]

Thank you for doing the interviews though, without you guys there is no interview ! Greatly appreciated

[@SueFerreira75]

I so wanted to listen to this interview - love Ray Dalio's explanations, but I had to leave at 12 minutes, as I couldn't stand the anchors cutting him off and leaving his explanations incomplete. So Rude, So Ignorant!

[@Jonah-in-Boise-ID]

Sue Ferreira same here.

[@tinnguyen2219]

Thank you teachers( Mr. Dalio and Mr. Buffett and other teachers) for taking your time to share this useful data! Greatly appreciated. Absolutely agree with Lucas Peters comment!!!!

[@cityofjoy8830]

His humility astonishes everyone. 🙏

[@jw8578]

Ray dalio is awesome...

[@49fiori]

This guy is smart, not that other clown everybody is saying is smart from JPMorgan. Excellent observation

[@tamyboy1]

omg anchors, learn some manners

[@Dara45654565]

Very informative interview. Shedding much light on the current economic conditions and what to expect in the coming cycles.

[@jarehelt]

Gold is money, dollars are debt. Recession is inevitable in a debt based economy

[@victornyamu2547]

TheFreePantheist all facts. The student loan collapse WILL be an apocalypse

[@andrecode7787]

Ray Dalio, the best... Glad to see you and thanks for explaining a bit of what is going on atm!!

[@kevinayala3544]

I’m just fascinated by it. I’m so into the financial crisis that I want to just learn from those errors and work in the field of financial analysis

[@mannygonzalez3877]

Amazing and very informative interview! Thanks for sharing.

[@jenniferbrown7167]

Profound answers to what is inevitable... and of course as he explains the cycle of human nature.... downloaded the book to understand even deeper... I wish he was not interrupted as much so he could explain thoroughly...

[@harveylin3548]

It seems like we are living in a world that even rich people can't speak the truth publicly, you'd think those things are reserved only for the lower part of the society.

[@tomcoughlan2532]

Ray is a great man humble honest and a life time of experience and knowledge.

[@DoctorDoom69]

He may have been a little early but man was he on point lol

[@jamespollard8090]

I appreciate the information! Great video.

[@cdnr6311]

That guy on the right keeps interrupting. His points are completely scattered and is too cocky to run a conversation

[@sxavathi9295]

I totally agree with those who feel that constant interruptions by the interviewers are meant to stop Mr Dalio from educating the masses.

[@Prem-fj4ep]

Thank you for the book!

[@Mark-or2hz]

God gave you one mouth and two ears to listen more and interrupt less. Listen to the this legend and learn a thing or two.

[@jjones7837]

It's obvious from all of Ray's comment sections with interviews that they really don't want him tell people the truth.

[@1life857]

Exactly, that's because the market would be spooked right off the bat since it's so volatile.

[@Skeptic100100]

Thanks for the upload

[@gearsofwar1forthequeen162]

Joe needs to learn some manners. My god man.

[@franzjoseph8752]

GearsofWar1 FortheQueen1 Joe is a pig. He has no manners.

[@kennethho888]

Thumbs up for Ray Dalio’s incredible insight. Thumbs down for the constant interrupting by the hosts. When you invite a legend to your show please give due respect.

[@InvestingRobinhoodInvestor]

Invite Ray on the show more please!

[@bencti4851]

Couldn’t get better than this👍👍👍 incredible information

[@nlpchannel]

strategies, modelling the strategy - brilliant.

[@CelineAdobea]

Notice how the men start hugging themselves, after Ray begins explaining the state of the economy, first the young guy 2:37 This is a physical and visual expression of the energy they are feeling which is fear. Also vocally expressed by the elder man 🌱 We'll be good as long as our beautiful planets stands there is always a place to call home 😍❤️

[@benjigoulbourne]

stop interrupting damn. we're watching this thing to listen to dalio's insight, not that rude 'i have to interrupt everything he says' of an anchor

[@albertobottopoala7691]

Jesus, let this legend talk!

[@eyoutube1]

This man is insanely smart. He could have the most watched podcast.

[@wer113]

I love how Mr Dalio @10:22 said "I didn't ask if you were sad". PLEASE LET RAY TALK PEOPLE! PLEASE!!!

[@nobertstanel9428]

Of all complain about interruption, i have to admit that interview was done pretty smoothly. We got far worse examples in the past, now its level up. Thank You for sharing guys.

[@astro-hm4nl]

Downturns are inevitable. We get greedy during the up cycle and fail to properly prepare depending on each time horizon. If youre 70 years old, you better be in cash. If your 25, dollar cost average your investments for the long term. You'll buy more at low prices and less at high prices. Right now, on almost every metric the market is way over-valued. None of the talking heads except stockman wan to come right out and say it. Trump is trying to move the economy forward......but it might hyper inflate the latest bubble. Nice work tackling trade imbalances.

[@unrealspetznaz]

problem when youre 70 is i still have like 15 years, hopefully, plenty of time for inflation to take away 5. i hold tips and recommend them to every other senior out there

[@wealthtrekkers]

Don’t hold cash or you will lose all your purchasing power after effects kick in for qe4. Hold gold, silver, and crypto

[@fotograflinuseriksson8935]

@@wealthtrekkers Crypto can go high, but can also wanish for you :)

[@pythman]

Hold usd when people pull there money from stock market buy foren currency as inflation form qe kicks in then buy at the bottom.

[@zae8425]

@@unrealspetznaz Don't hold tips, the CPI understates inflation

[@davidf4803]

Wow, this guy’s a genius.

[@BeatTheMarketCo]

Bad CNBC, bad... I stopped watching because they literally didn't let him finish any of his thoughts.

[@gavinv.4872]

16:21 Dude casually smelling his dog in the background

[@PaulRayProductions]

I wish they wouldn't interrupt him every 2 seconds, I mean you have him on the show and all they do is wanna over talk him.. common!

[@fhowland]

Super interesting interview. I downloaded his book, cant wait to read it. But what's up with that guy in the background holding the white dog? lol

[@jamesypma7249]

Ray's insights were fantastic. Mr. Kernen came off as rude to me, but the man with dog in the background made it better.

[@selespeed3]

that CNBC anchor on the right is very irritating. always interrupting.

[@jairolinares9869]

I do love to hear speaking to Ray Dalio. He is very down to earth. It is very simple his saying: Government has to invest heavily on education and wait a generation to get the best results for the economy. He is very clear about inequality and government has to fix that very wrong way to get a sustainable and growing economy. The hardest issue is to deal with the biggest and cheapest workforce on earth: china. Ray must be the best president ever of the USA if he runs for.

[@Cards36555]

FFS let him speak!

[@leonoradompor8706]

I am the seat of wisdom!

[@jwebbs999]

This is how an interview is conducted when everyone has skin in the game.

[@jeffreyokun2355]

They don't understand what Ray is sharing with them and not only that, the parts that they do understand, they don't like hearing. I loved Ray telling them he's not interested in hurt feelings but reality. He is invited over to share what he has learned, not to be told off because his learned knowledge hurts their feelings. What a disgrace to the standard of televised journalism.. I think Ray deserves kudos for being so patient with these folks and setting a standard here.

[@FBAagent]

2018 : "We're not there yet. Are we in a crisis now?" fast forward 2 years after == here we are

[@jaredfontaine2002]

Wow a free book! I am going to download!

[@Kaybe23]

Watching this Nov/2019 ...

[@Jaylarrry]

Ray for President. Amazing man and these reporters are out of their league.

[@henryzhang9915]

gotta listen to this more.

[@bobfisher5085]

to every interviewer: in evry interview you try to look professional, right? interrupting a genius doesnt make you professional, just sayin

[@vijendrasingam7903]

why do the interviewers keep interrupting the interviewee ?? We are here to listen to Ray.

[@21dolphin123]

this guy is brilliant

[@jdhernaz]

Get the book with no interruptions!!

[@schuylerasplin3744]

Stop interrupting him!! Jesus

[@49fiori]

22:52 about 1500 people did, first being Dr. Michael Burry, second Seth Klarman in his 2005 letter to investors. Many many many people did warn about credit crunch. Warren Buffett did in February 2008 and the list goes on.

[@harshavarma1138]

I'm glad there's a book to read in which he isn't interrupted as much!!

[@cleverinsanetrump9743]

Quiet, ask a question and let the speaker speaks

[@goodfellabeats]

Me: Oh snap! A Ray Dalio interview! "click" Also Me: Crap, Joe Kernen is about to ruin everything.

[@kristina198]

Love the guy kissing his dog in the background at 16:17