AI isn’t about replacing humans. It’s about compounding what we know and making it accessible at scale. Over time, I’ve learned that the most valuable thing I can do is capture and refine my principles on life, work, geopolitics, and investing. Now, with my AI Twin, I’m able to extend that thinking into a public resource, available beyond my own time limitations.

Digital Ray is in beta — if you’re interested, I invite you to engage with it and help me make it better.
http://digitalray.ai/guest?utm_source=youtube&utm_medium=organic&utm_campaign=digital+ray+beta

Watching the news today feels a lot like watching a movie I’ve seen many times before.

In 1971, I witnessed a major currency devaluation that I thought would be a disaster—but the markets actually went up. It was a lesson I only learned by looking back at 1933. When you study the historical "scripts," the current plot becomes much clearer.

Debt service is like plaque building up in the arteries — eventually, it starts to squeeze out other spending within the economy.

So what happens when the country is overspending by 40%?

What happens when central banks are forced to print money?

What happens when the “circulatory system” of our credit markets reaches its tipping point?

I address these questions and more in this discussion with David Rubenstein. If you’re interested in learning more, I hope you’ll give my latest book, How Countries Go Broke, a read.

AI has changed what I—and I think most people—are looking for in candidates today. It’s not about blindly using AI and following what it says; it’s about being an independent, creative, and critical thinker who knows how to partner well with AI to bring about the best total intelligence.

I explore this topic and more in the new AI-powered Masterclass Executive online program, which I’ve joined as an instructor. The program is starting soon, and if you’re interested, you can apply here:
https://mstr.cl/MasterClassExecutiveRD

If you’re not making many mistakes, you must not be learning much. Mistakes and failures are ultimately more valuable to you than successes because they provide the best learning.

I detailed some of my biggest mistakes—and what I learned from them—as part of the new MasterClass Executive program. At this stage in my life, I believe the most important thing I can do is to pass along everything I’ve learned to others, hoping that they find value in it and can avoid making the same mistakes I’ve made.

If you’re interested in the program, you can apply for one of the limited spots here: https://mstr.cl/MasterClassExecutiveRD

Don’t ignore #nature, immerse yourself in it today.

#earthday #earthday2026

History shows us that these conflicts don’t happen independently. They emerge as interconnected parts of a larger pattern — a Big Cycle involving power, economics, and shifting world orders. To understand what’s happening and the implications of the Iran war, you have to see the whole system instead of looking at just one event.

I break this down in my latest article, “The Big Thing: We Are in a World War That Isn’t Going to End Anytime Soon,” available on LinkedIn here: https://www.linkedin.com/pulse/big-thing-we-world-war-isnt-going-end-anytime-soon-ray-dalio-sbrqe

My advice to #graduates of 2026.

#raydalio #principles #graduation #graduationday #advice #motivation #lifeadvice #2026

Most people look at wars as isolated events.

I look at them as part of a Big Cycle that has repeated many times, so for me watching what is happening is like watching a movie I’ve seen many times before.

What we’re seeing now with Iran and the battle of the Strait of Hormuz is part of that cycle and is connected to and will have big implications for what happens all over the world.

I explore these issues with those who run governments, geopolitical experts, and people around the world, and almost all agree that it will have big consequences for the monetary order, the domestic political order, and the international geopolitical order.

That is why I believe it is important to see the war with Iran as part of a greater world war and see to how it is evolving as a big cycle.

I

Money is debt, and debt is money. It confuses a lot of people when I say that, but the mechanics are fairly straightforward.

A debt instrument is just a promise to deliver money in the future. What that money is worth determines the value of what you’re holding.

That’s why currency valuation is so critical, and why I think people need to pay more attention to it when thinking about the broader economy. @nikhil.kamath

There are few things that are more important for the health of the world than the health of U.S.-China relations and the health of our oceans. For over 40 years, I have cared deeply about both, so for me this goodwill mission @OceanX just completed bringing together American and Chinese students and early-career scientists has been a dream come true.

At this stage in my life, my main goal is to pass along the principles that I have learned that have helped me. Those principles are especially valuable now because the times we are in are so risky. I’m sharing these principles in a bunch of ways—from writing my books and articles to sharing them on social media—and am excited to be joining the new @masterclass Executive program along with other great instructors. Recording the class was a real kick. The first round of sign-ups closes soon, so if you’re interested you can learn more here: https://www.masterclass.com/executive

Throughout history, all fiat currencies eventually face the same pressures. When debt grows faster than income and money needs to be created to fill the gap, the value of that money changes.

This isn’t a prediction—it’s a pattern that has repeated many times. Understanding how these systems work helps you think more clearly about what comes next.

There’s a stage in life where you compete and build, and a stage where you pass along what you’ve learned – I am firmly in the latter.

I sat down with @DavidRubenstein to discuss how writing has truly helped to decode and refine my decision-making, and how this practice has inspired me to spread the knowledge I’ve amassed over the last 50 years.

I hope these principles help you build your own game plan for the future.

When you’ve been in the markets for as long as I have, you tend to become a hyperrealist.

I’m not idealistic so I don’t get demoralized by things that happen. Instead, I view everything as a learning experience. Things that happen are interesting and informative and can tell you a lot about the various systems at play.

That’s my view in general, and it’s also how I feel about the decisions that continue to raise the US debt.

Over time, wealth has become much bigger than money. Money is just a tool.

What matters is how that tool translates into real outcomes—freedom, resilience, and the ability to make decisions without being forced by circumstance.

That’s how I think about wealth.

When an empire runs out of its own money, it is able to increase the supply of money. However, printing more money causes borrowing to increase creating a financial bubble. I urge you to watch “Principles for Dealing with the Changing World Order” on my YouTube channel in the comments below to understand how, and what it means for all of us.

If I could give my younger self one piece of advice, it would be this: Your capacity to learn is far greater than your current knowledge.

Many people let the need to be "smart" get in the way of open-mindedness. But if you can view life as an adventure and approach disagreement with curiosity instead of anger, you’ll find yourself evolving to higher and higher levels.

#principles #raydalio #advice #20s #30s

If you’re interested in learning about my most important investment and economic principles, I designed a course to help you do just that.

It’s called the Dalio Market Principles Online program — a 30-hour curriculum I designed, in partnership with @Wealth Management Institute (WMI).

You’ll learn about the forces that drive markets and asset returns, economic and currency cycles, paradigm shifts, and more. Better yet, you’ll get to test your own thinking in our portfolio simulator so you can learn from your mistakes and be better prepared for the future.

I hope you’ll check it out, if you’re interested here: https://wmi.edu.sg/dmp-online/?utm_source=raydalio_youtube&utm_medium=social_profile&utm_campaign=dmp_program_alwayson&utm_content=channel_banner_link

There are five major forces that together, operate in a big cycle:

– Financial force – money, debts, markets, economy
– Domestic political force – internal order and disorder, wealth gaps, and conflict between the left and the right
– International world order force – great power conflicts as rising power challenges
– Humans’ inventiveness force– Advances in technology
– Acts of nature force – droughts, floods, and pandemics

We can use these forces to understand the reality that we are now living out, and to understand the risks of where we are headed. @allin

#principles #bigcycle #fiveforces

One of the most important lessons I’ve learned is to distinguish between what you can control and what you can’t.

You’ll lead a much happier life if you’re able to focus your energy on the things you can influence — like how you treat others — and also learn how to adapt well to everything else.

I’ve found that this perspective has provided me with a lot of equanimity.

After studying over 500 years of history, I’ve found there are really only three things you need to do to build a healthy society.

First, educate your young people well—not just to be capable, but to be civil. If you have capable, civil people in a productive society, that’s a big part of the battle. Second, the finances must be sound: earn more than you spend and have more assets than liabilities. And third, don’t get into a war—internally or externally.

If you can do those three things, you can have a prosperous, self-reinforcing society. #principles #us #society

When new technologies emerge, people often assume the winning technology automatically means winning investments. History shows us that’s rarely the case.

Most companies disappear as competition sorts out the winners and losers, but the underlying technology will endure and continue transforming the world.

So are we in an AI bubble? Yes. But that has nothing to do with the lasting power of this innovation. @allin #ai #bubble #raydalio

I’ve found that most wars are filled with surprises, but the stakes of this conflict are obvious: it all comes down to who controls the Strait of Hormuz.

We’ve seen this pattern before—with the Dutch in the 17th century and the British in 1956. When a world power reveals military and financial weakness, the world order shifts.

In my latest article, I look at the mechanics of the current Middle East crisis. You can find it here: https://raydalio.substack.com/p/it-all-comes-down-to-who-controls?r=7i6zcq

I’m at a stage in my life in which I want to pass along the investment and economic principles I’ve learned. That’s why I created the Dalio Market Principles Online program, in partnership with @wealthmanagementinstitute .

This online program is a collaborative experience. In it, you will be part of a community dedicated to understanding the patterns of history and applying market principles to them. And you’ll be able to stress test your thinking across different environments and time periods all while learning my fundamental principles about how the markets work and having a chance to come up with your own principles.

I believe that the times ahead will be radically different from those we have experienced in our lifetimes, though similar to many times in history. This program will

AI shouldn’t be something you just "follow"—it’s a partnership.

The idea that we can make the best possible decisions by just juggling everything in our own heads is becoming obsolete. To really excel today, you need a thought partner. You need a system that can help you process information and logic more effectively than you can alone.

I’ve codified my 50 years of experience into a new tool called Digital Ray to act as your personal thought partner. Try the Digital Ray beta here: digitalray.ai/guest?utm_source=youtube&utm_medium=organic&utm_campaign=digital+ray+beta

The most important early lesson I learned was to write down my criteria for making investment decisions so that I could turn them into decision rules.

That’s because I discovered I could express my decision-making criteria in the form of algorithms that I could embed into computers. By running both decision-making systems — i.e., mine in my head and mine in the computer — next to each other, I learned the computer could make better decisions than me because it could process vastly more information than I could, and it could do it faster and unemotionally.

That insight helped me get out of my own head and make better decisions over time. @nikhil.kamath

In order to have successful capital markets, you see the same things happen again and again.

Since one man’s debts are another man’s assets, you have to keep interest rates not so high that they crush the debtor, without having them so low that they are bad for the creditor.

That leads to cycles of money creation and borrowing that are predictable.

These cycles must happen, due to the nature of the dynamic around them. Understanding the underlying mechanics driving these patterns can help you understand what is likely to happen next.

Last week, I shared a chapter from my 2021 book Principles for Dealing with the Changing World Order that details the classic signs to watch for as the world geopolitical order breaks down in a classic progression of events that I call the "Big Cycle." By knowing what this classic process looks like and then comparing it with what is happening, one can better understand what is happening and what might happen. The article was very popular, getting more than 75 million views, and a number of people asked what it all meant for investing.

Because so many people asked, I am now passing along to you the book’s next chapter, "Investing in Light of the Big Cycle." I think that it gives a good perspective on investing at this time. You can read the full chapter here:

In my stage of life, I’m enjoying passing along the principles and thoughts that are helping me in order to help others. I’ve been doing that in my books and videos and here on social media, and I love our back-and-forth exchanges. To build on this, I will also be sharing my articles for free on Substack here: https://raydalio.substack.com/ for those readers who prefer that platform.

These articles will be about principles, tools, and what’s going on with life, work, economics, markets, politics, the changing world order, AI, the Big Cycle, and other such things. I look forward to continuing to get your thoughts and discussing these things with you.

#newsletter #raydalio #principles