Ray Dalio is the founder, Co-Chief Investment Officer and Co-Chairman of Bridgewater Associates. Bridgewater is a global asset manager and leader in institutional portfolio management as well as the largest hedge fund in the world. Under Ray s guidance, Bridgewater has developed a distinctive culture, an idea-meritocracy that produces meaningful work and meaningful relationships through radical truth and radical transparency that is the foundation of the firm s success. Since starting Bridgewater out of his two-bedroom apartment in New York in 1975, Ray has grown the firm into the largest hedge fund in the world, the 5th most important company in the U.S. according to Fortune Magazine, and has led it to make more money for clients than any other hedge fund since its inception, according to LCH Investments. For his innovative work as well as being a valued advisor to many global policy makers, Ray has also been called the Steve Jobs of Investing by CIO Magazine and Wired Magazine, and been named one of TIME Magazine s 100 Most Influential People. Over the past three decades, he wrote down his decision-making criteria and has recently passed along his principles and tools through his book, Principles: Life & Work, a New York Times #1 Bestseller and Amazon #1 Business Book of 2017.
"Ray Dalio's excellent study provides an innovative way of thinking about debt crises and the policy response." - Ben Bernanke
"Ray Dalio's book is must reading for anyone who aspires to prevent or manage through the next financial crisis." - Larry Summers
"A terrific piece of work from one of the world's top investors who has devoted his life to understanding markets and demonstrated that understanding by navigating the 2008 financial crisis well." - Hank Paulson
"An outstanding history of financial crises, including the devastating crisis of 2008, with a very valuable framework for understanding why the engine of the financial system occasionally breaks down, and what types of policy actions by central banks and governments are necessary to resolve systemic financial crises. This should serve as a play book for future policy makers, with practical guidance about what to do and what not to do." - Tim Geithner
On the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors, Ray Dalio, shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate events and navigate them well while others struggled badly.
As he explained in his #1 New York Times Bestseller, Principles: Life & Work, Dalio believes that most everything happens over and over again through time so that by studying their patterns one can understand the cause-effect relationships behind them and develop principles for dealing with them well. In this 3-part research series, he does that for big debt crises and shares his template in the hopes reducing the chances of big debt crises happening and helping them be better managed in the future.
The template comes in three parts provided in three books: 1) The Archetypal Big Debt Cycle (which explains the template), 2) 3 Detailed Cases (which examines in depth the 2008 financial crisis, the 1930's Great Depression, and the 1920's inflationary depression of Germany's Weimar Republic), and 3) Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years). Whether you're an investor, a policy maker, or are simply interested, the unconventional perspective of one of the few people who navigated the crises successfully, A Template for Understanding Big Debt Crises will help you understand the economy and markets in revealing new ways.
發表於2024-05-19
Big Debt Crises 2024 pdf epub mobi 電子書 下載
從英文版開始讀,讀完已經齣中文版瞭。從非教條的角度研究經濟危機,瑞的這本著作是最為係統的。它的方法論和主流宏觀經濟學模型有一個差彆,即它是基於事實的,對的;主流宏觀經濟學是基於假設的,錯的。從亞當斯密開始,信用的擴張和收縮就被認為是經濟危機的根本原因,而新...
評分從英文版開始讀,讀完已經齣中文版瞭。從非教條的角度研究經濟危機,瑞的這本著作是最為係統的。它的方法論和主流宏觀經濟學模型有一個差彆,即它是基於事實的,對的;主流宏觀經濟學是基於假設的,錯的。從亞當斯密開始,信用的擴張和收縮就被認為是經濟危機的根本原因,而新...
評分 評分去年下半年,有幸跟全國較為優秀的齣版集團中信和全球較為優秀的對衝基金橋水閤作(此錶述符閤《新廣告法》規定),參與橋水創始人瑞·達利歐(Ray Dalio)Principles for Navigating Big Debt Crises一書的翻譯。時隔數月,中文名定為《債務危機》的一書終得齣版,今年3月在京...
圖書標籤: 金融 經濟 經濟學 經濟危機 債務 經濟周期 投資 經濟金融
這是一本全景紀實書,反映瞭橋水對債務危機的研究。雖然是一傢之言,但是可以拿來跟《大而不倒》交叉看。第一部分的理論和第二部分的案例教學是精華,Ray保持瞭足夠的中立性。
評分結閤現實看,更為有趣。
評分結閤現實看,更為有趣。
評分關於宏觀經濟和貨幣政策。邏輯清晰,信息量很大,值得再讀
評分當時特彆擔心經濟形勢找來讀的,很多數字圖錶近乎教科書。所以讀得也緩慢。讀到德國魏瑪共和國的案例那裏就沒有讀下去瞭。
Big Debt Crises 2024 pdf epub mobi 電子書 下載