Episode
Cycles, Crises, And the Currency of Change with Ray Dalio
- Published
- Dec 9, 2025
- Duration seconds
- 1301
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/the-outthinking-investor-with-daleep-singh-4270349/episodes/cycles-crises-and-the-currency-of-change-with-ray-dalio/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/the-outthinking-investor-with-daleep-singh-4270349/cycles-crises-and-the-currency-of-change-with-ray-dalio.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Ray Dalio, founder of one of the world's largest hedge funds, Bridgewater Associates, joins us for a special edition of The Outthinking Investor. Dalio sat down with PGIM's George Patterson, Chief Investment Officer of Quantitative Solutions, for a conversation about anticipating the onset of big market cycles and constructing balanced portfolios for new regimes. They discuss the impact of idiosyncratic risks and geopolitical shifts; the evolution of public and private credit markets; AI's transformative influence on the global economy; the five major forces that create big cycles; and the interplay between sovereign debt, the U.S. dollar, gold, and central banks. To understand big cycles, investors must look beyond the headlines and through a historical lens, Dalio explains. Do you have any comments, suggestions, or topics you would like us to cover? Email us at [email protected] , or fill out our survey at PGIM.com/podcast/outthinking-investor . To hear more from PGIM, tune into Speaking of Alternatives , available on Spotify , Apple , Amazon Music , and other podcast platforms. Explore our entire collection of podcasts at PGIM.com .