It’s hard to rely 100% on ads, and your contributions will help us continue providing the best free cultural and educational materials to learners everywhere. If you would like to support the mission of Open Culture, consider making a donation to our site. If you would like to sign up for Open Culture’s free email newsletter, please find it here. Watch it above, and consider pairing it with his other animated video, How the Economic Machine Works. Released in early March, the video has already been viewed 8.6 million times. As was the case with Principles, Dalio has produced an animated video that explains key ideas in the book. A history of the rise and fall of empires over the last 500 years, the book uses the past to contemplate the future, particularly the fate of the United States and China. Finally, he has just published his latest bestseller, Principles for Dealing with the Changing World: Why Nations Succeed and Fail. Next came Big Debt Crises, a study of financial crises and how nations navigate them. It became a bestseller, selling well over one million copies. The first book, Principles: Life and Work, shared the unconventional principles that have guided his life and career. Over the past five years, Ray Dalio, one of America’s most successful investors, has published a series of books, each meant to impart wisdom to a younger generation.
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