I really enjoyed this conversation with Ray. Here's the outline: 0:00 - Introduction 2:56 - Doing something that's never been done before 8:39 - Shapers 13:28 - A Players 15:09 - Confidence and disagreement 17:10 - Don't confuse dilusion with not knowing 24:38 - Idea meritocracy 27:39 - Is credit good for society? 32:59 - What is money? 37:13 - Bitcoin and digital currency 41:01 - The economic machine is amazing 46:24 - Principle for using AI 58:55 - Human irrationality 1:01:31 - Call for adventure at the edge of principles 1:03:26 - The line between madness and genius 1:04:30 - Automation 1:07:28 - American dream 1:14:02 - Can money buy happiness? 1:19:48 - Work-life balance and the arc of life 1:28:01 - Meaning of life

Amazing podcast. Pls invite Peter Thiel .

this became the smart people podcast. now everyone wants to be on it..

Would love to see an interview with neuroendocrinologist Robert Sapolsky.

The caliber of recent guests (let alone all of 2019) has left me starstruck... Lex, thank you for crafting a format that allows these great thinkers to maintain their desired level of candor yet ponder/answer each question in its entirety. I feel this is exemplary of how they naturally think through topics (both technical and poetic 🙂) related to their intellectual pursuits.

❝You form your dreams first, and you can't judge whether you're going to achieve those dreams, because you haven't learned the things that you're going to learn on the way toward those dreams.❞ Amazing interview and guest as always, Lex.

"What's common, produces only common results" - Ray Dalio Insightful conversation. Thank you Ray Dalio and Lex Fredman

Gradually becoming one of my favorite podcasts.

Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?

This podcast consistently blows my mind in terms of guest selection.

This interview was fantastic. I've seen a few interviews with Ray Dalio and Lex has asked the best questions to elicit valuable insights from Ray. Lex also gave Ray ample time to express his thoughts to completion. Well done.

I have attempted to meditate many times in my life and prior to this CD the only success I've experienced is with live guided meditation. kzfaq.infoUgkxzpa8CIfZcihW4Z0F_ja0QF3W9KIatrsq This is the first CD I've used that cuts through my unmedicated ADHD and enables me to truly relax and experience a quiet and energizing interval. The instructors voice is very soothing and pleasant to listen to. I am easily able to sit successfully through the entire CD, and for quite some time after. I cannot adequately express how tremendously helpful this CD has been on my spiritual journey!! Two thumbs up and 10 stars!

"you have to appreciate all the different ways of being A-players" YES! so true!

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

oh my gosh!! This podcast is super awesome!! I'm proud of myself and everybody here following since the first episode!

It would be great if you got Peter Thiel on your podcast.

My first time watching you Lex. This was a great interview. You're very humble. You come across well; and you got probably one of the best interviews out of Ray Dalio. You should be very proud of yourself. Keep it up!

Another video worth watching multiple times. So much wisdom that Dalio is sharing here.

OMG, definitely didn’t expect Ray Dalio on your podcast, Lex! Kudos!

Just a beautiful conversation with so much to take away. The best one is taking the time to write down your decision criteria in words when you're about to make a decision or when you're just past making a decision which will then become a principle. Loved it. Thanks, Lex!

Jeeesus man you're killing it lately! Great guests and great job overall on the pod!

I cannot like this video enough, thank you Lex for doing this. Even though the start was a bit rough and perhaps I'd prefer you take the time to dwelve deeper into his thoughts on the specifics more than what money is, I understand the time aspect can be challenging. Its great seeing you evolve in your podcast experience! You're gaining confidence and it shows the more videos you put up!

Amazing lineup of guests.

First time watching/listening to this show. Great questions and Ray doesn't let any detail go unchallenged when necessary. Love this interaction.

Recently found out about your podcast, and I must say, this is absolutely amazing. Honestly just WOW! I have never seen the quality of guest and information from different backgrounds on any other podcast. I have only watched a few episodes, but I’m truly amazed by your work. Keep up the good work.

probably one of the best podcasts on youtube right now. Amazing work Lex.

Lex. One of the best Dalio interviews I have ever seen! Great Job. Thx Stefan

Fantastic interview Lex. I am a massive fan of Ray Dalio since reading Principles and applying some of his profound wisdom. Thank you for your dedicated efforts to make all these amazing podcasts available to the world. You have great skills as an interviewer and I encourage you to keep on striving. I have learned so much from your podcasts and I look forward to each new guest with great anticipation. You are improving the future of the world. Big respect! Mark.

I've watched almost every recent interview with Ray; this is one of, if not the best. Thanks, Lex!

When will the youtube algo pick you up and recommend it to everyone ? It needs to happen! Your podcast are just amazing! Love all the guests lately

Excellent podcast, best selection of interviewees💫.

Good on you Lex! Yang gang 2020

Good Job on the interview man! I've seen most of Ray's interviews and this indeed is one of the best!

It's hard to believe this is free. You're amazing Lex. Thank you so much.

"Evolve and contribute to evolution"....it's fu**ing incredible how he managed to put into a principle even the meaning of life!! Blown away...thanks a lot for this content 🙏

If you can get Peter Thiel on the podcast that would be rad!

Thank you Lex Fridman and Ray Dailo for a great interview.

Best interview I have watched. Especially being a fan of Ray Dalio's. Thanks Lex!

Well done Lex! Thanks for the education.

He’s been everywhere lately and I am grateful 🙏🏼 found him bc of it

Thank you so much for bringing on Ray Dalio!

Please keep your podcasts unedited to a certain degree as you did here. Loved this one

One of the wisest guest ever on you podcast, Lex. Wow! Loved this.

Amazing, thank you both Lex and Ray for your contribution of knowledge and thoughts on relevant and intricate topics! Pure pleasure!

First Noam and now Ray, you're on fire Lex! Keep em coming!

Congrats. Awesome questions and guests. One of the best podcasts around

Respects to guest Ray Dalio and Lex Fridman for a lineup of excellent questions to which RD answered thoughtfully for us to understand but I will have to listen to this again. I did download the Principles in Action PDF it looks well worth readable and I'm several pages in already. Thank you.

Hi Lex, I enjoy your podcasts. Is this possible to get Nicolas Nassim Taleb and Daniel Kahenman on your show. Thank you for all the discussions and knowledge sharing Lex.

Man, I’m so grateful for lex’s work I don’t even skip the ads

Thanks for this wonderful youtube channel!! ♡

Awesome talk! Ray is very insightful. Keep the great interviews coming. 😁

Thanks you for your hard work this interview was one of your best pieces of work. So much detail that I needed to listen to it again.

This is really very meaningful conversation! Love it.

After I’ve got this video of how economics machine works, I had the same feeling and doubts about what liex just asked. I even watched the same video about 5 times. Thank you so much for this ep, it was a of amazing value. Blew my mind.

Fantastic and fascinating interview, thank you Lex Fridman and Ray Dalio!

This podcast is so damn value add. Love it. More people will start watching this.

It's amazing in whole! but the Arc of Life is in itself worth watching again and again.

Great guest and great interview. Ray is a brilliant mind and I’d agree that everyone should take the time to watch his videos and read his writings. Principles is especially good.

This is the best interview I have watched so far with Ray Dalio. Lex, your questions were brilliant. Please stop saying that they are dumb. However, I understand that most probably you were starstruck by Ray Dalio, who is a genius. Thank you for this material and for the wonderful job you are doing.

OMG man. I don't know how you get these interviews, but it is pure gold. Thanks for sharing!! Greetings from Brazil.

I found this channel very inspiring. Lex, you doing a very good and particular job in terms of human evolution.

I was very surprised to hear Ray Dalio's answer about the limitations of AI, it's actually one of the better explanations I've heard - and I'm a software engineer

I can't believe this, thank you so much! I love Dalio and i've been following your podcast, bit I never thought you would bring him in, this is AMAZING

Wow, you ask very good questions as an interviewer. I had a great time listening to this podcast. I have watched many ray Dalio videos and talks but this has to be the best! Exceptional topics.

This is gonna be a great video between Lex Fridman & Ry Dalio

Valuable information, deeply value this podcast. Thank you.

the most intelligent questions I've heard Ray answered in a long time that I've been following him. well done lex

That loop he talked ab in the beginning is such a good way of describing how to learn to code. I’d been doing that but not knowing it or how to articulate how to learn fast

Such a great guest, I love this guy!

Great conversation and amazing guests as usual

Ray Dalio!!! Excellent interview Lex! Ty!

First time watcher. Love it so far! Will defiantly continue to watch!

His video on how the economic machine works is phenomenal!

this person is extremely amazing....we can learn from this guy

Please interview Andrew Yang

glad to see the diversification in guests, comp sci people tent to be hard to listen to sometimes, despite their smarts.

Finally an interview with Ray Dalio that doesn't ask the same questions as all the other interviews with him. On top of that, your questions are so simple but so deep. Thank you Lex!

I've seen the videos that Lex mentioned in this podcast - they're brilliant. I'm reading 'Principles' now and it's not an exaggeration to say it may be one of the most important books I've read.

Huge fan of Ray Dalio. Brilliant mind. Thank you, Lex.

Noam and now Ray?! This is awesome. Surprised this doesn’t have more views.

This is such a good talk, thanks for sharing this convo Lex

Wow this was great!!Watching this December 2020, and so lots of people have interviewed Dalio and I mean really crappy interviewers. Lex you are the best at interviewing people

Just watched "How the Economic Machine Works" as you recommended. Ray does a fantastic job breaking down the economy. Fantastic! Thank you and Ray!!

Amazing Interview .... Two positive Role model's . Much Respect and love from Anaheim

I have had respect for you ever since I heard you ask your first question. Keep doing what you doin brotha!

56:42 - Why you need principles Thanks for this interview, probably one of my fave RD ones so far!

Two of my favorite mentors.

absolutely fantastic! gotta love Ray. thank you Lex

Love this podcast

Respect Ray so much. Great interview. Huge inspiration. Thanks Rex.

Thank you Ray and Lex.

Great interview-thank you both

Excellent. As always. This was really fascinating.

Really enjoyed! Thx so much to both of you!

Yang Gang 🧢 watch from 1:04:30!! Ray is onboard!!

It’s 3 year old video and yet Ray was futuristic in his views. Great Podcast

Awesome podcast. I like the idea that AI is beyond deep learning and ml models.

Thank you to your guest

Incredible interview.

Thank you Lex & Ray, that was awesome!