Summary:
For the tenth anniversary of the 2008 financial crisis, Ray Dalio, one of the world's most successful investors and entrepreneurs, wrote
A Template for Understanding Big Debt Crises in which he 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 produce significant positive returns while others lost badly.
The Kindle version is $15, but you can download it for free as a PDF directly from his website.
Here's [principles.com] the link to the site, and
here's [list-manage.com] the direct link to the PDF.
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