Category: money

Ray Dalio: Money, Power, and the Collapse of Empires

https://youtu.be/TISMidxdZoc Lex Fridman Podcast #251Ray Dalio is an investor, author, and founder of Bridgewater Associates.OUTLINE:0:00 – Introduction 0:42 – Money or power 4:18 – Big Cycle 24:11 – Collapse of the American Empire 32:38 – War 35:45 – Xi Jinping 41:49 – Importance of freedoms 47:52 – Democracy’s vulnerability 51:17 – Communism’s vulnerability 58:18 -…… Continue reading Ray Dalio: Money, Power, and the Collapse of Empires

What Makes Art Valuable?

https://youtu.be/vwoO-LMX6MU What makes a piece of art worth tens of millions dollars at auction? A number of things, but not always the things you’d think. BBC’s The World’s Most Expensive Paintings chronicles the world’s ten most valuable paintings, by way of journalist Alastair Sooke’s guided tour of the collectors, locales, and Christie’s and Sotheby’s auction…… Continue reading What Makes Art Valuable?

Park Avenue: Money, Power and the American Dream⎜WHY POVERTY?

https://youtu.be/6niWzomA_So How much inequality is too much? 740 Park Ave, New York City, is home to some of the wealthiest Americans. Across the Harlem River, 10 minutes to the north, is the other Park Avenue in South Bronx, where more than half the population live on food stamps and children are 20 times more likely…… Continue reading Park Avenue: Money, Power and the American Dream⎜WHY POVERTY?