THE RIDE THAT NEVER ENDS
Source: Shutterstock Ray Dalio, CEO and former co-chief investment officer at hedge fund Bridgewater Associates, has spent decades researching and writing about the political and financial cycles that have recurred throughout history. His book " The Changing World Order: Why Nations Succeed and Fail " is not just for historians. It is essential reading for investors. He finds that the rise and fall of major powers follow a predictable template. Armed with this knowledge, we can plot where we are in the current cycle.