Person
Every book Ray Dalio recommended on podcasts
Ray Dalio appears on interview programs such as The Diary Of A CEO and Interesting Times, where he shares macroeconomic insights, predictions regarding the decline of major empires, and principles for personal success. Drawing from history, biology, and philosophy, Dalio examines cyclical patterns in human societies and individual growth. Among his frequent recommendations, Dalio highlights Richard Dawkins's book River Out of Eden to explore evolutionary biology, and Joseph Campbell's The Hero with a Thousand Faces—a book gifted to him by his son—to illustrate the universal framework of the hero's journey in personal development. When discussing political theory and the structural flaws inherent in governance, Dalio frequently references classical philosophy, specifically citing Plato's The Republic to explain historical cycles of democracy and the inherent vulnerabilities when populations vote against their long-term interests. Through these selections, Dalio connects grand historical and evolutionary patterns with practical guidance on navigating personal evolution and understanding the macro-level shifts currently destabilizing global superpowers and modern democratic institutions.
Books recommended by Ray Dalio
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The Hero with a Thousand Faces
The Hero with a Thousand Faces by Joseph Campbell is a landmark work of comparative mythology that investigates the universal pattern of the monomyth, tracing the archetypal hero's journey across global cultures and ancient traditions.
Recommended“And then um Joseph Campbell’s The Hero’s Journey. Is it the the hero with a thousand faces? Yes, that’s it. Hero with a thousand faces.”
Where to get it
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River Out of Eden
River Out of Eden by Richard Dawkins is a popular science book that explores evolutionary biology, natural selection, and the materialistic view of life.
Recommended“There are three books. There’s a book on evolution but written by Richard Dawkins. Uh River from Eden, I think it’s called.”
Where to get it
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The Republic
The Republic by Plato is a foundational philosophical and political treatise that explores the nature of justice, the ideal society, the human mind, and political structures.
Discussed“Plato talked about this cycle. And no. In the Republic. And he talked about the democracy and the problems with the democracy, because the people don’t vote for what is good for them.”
Where to get it
Books Ray Dalio wrote
- How Countries Go Broke
- Principles
- Principles for Success
- Changing World Order
- Principles for Dealing with the Changing World Order
Appearances
Other mentions (4: passing, ad reads, own books)
“I wrote my most recent book to explain how it works with 35 examples was called How countries go broke.”
“it was uh the five types of love”
“I mentioned in my book principles and describe the process in a more complete way than we're gonna be able to go here”
“so I did a another book on principles principles of big debt crisis that go into that and it's free by the way I met put it free online on as a PDF”