Happy World Ocean Day. For those of you who have a passion for the ocean like me, welcome to Ocean Explorer, which is a vehicle that we have for exploring the ocean. We're headed to the United Nations Ocean Conference in France, where people will be gathering, world leaders, explorers, scientists to protect the ocean and also to explore it and understand it.And if you're excited about the ocean, I'd like to recommend that you see our series called Ocean Explorers on Disney Plus. I think it's going to thrill ...

when we see talk about a weaker dollar at the same time as we see uh talk about an easier monetary policy and so on, we have to understand that one man's debts are another man's assets. And so if you weaken the dollar and you and you produce more money, which is are the things we're considering now that are being considered that that lessens the value of the money that holders of that debt are going to get paid back with. So that is the nature of the tradeoffs that are faced and are inevitable when there's ...

Today's the launch day for my new book, How Countries Go Broke: The Big Cycle. I want to pass it along, particularly now because this is a critical time. Um, over the last 50 years or so, I've been a global macro investor, and I've made a lot of money making bets and finding the indicators of debt problems.And now I'm at a stage in my life that I really want to pass along these indicators both for policy makers and for individuals in order to try to deal with these situations. Well, this is a big situation. ...

While in the top phase, most of these strengths are sustained, embedded within the fruits of their success are the seeds of their decline. As a rule, as people in these rich and powerful countries earn more, that makes them more expensive and less competitive relative to people in other countries who are willing to work for less. At the same time, people in other countries naturally copy the methods and technologies of the leading power, which further reduces the leading power's competitiveness.For example, ...

I want to explain the big cycle just in you know very simple terms. Uh the big cycle is like uh the period from one period of great change and turbulence in which various systems or orders are changed through fighting typically and then through that evolutionary process there is a process that gets us to another period of breakdown. The last big cycle began in 1945 at the end of World War II.In that world order, there are shorter term cycles like the economic and political cycles. The economic cycles have l ...

What bit of advice would be maybe the most important bit of advice that I can give at this time. And it would be don't get hung up in the dayto-day. Every day you can read the news and it's some event and you're being dragged along and with that step back and see the bigger picture.That's why when I'm dealing with the these bigger pictures in in the books I write or communications like this I'm having having I want you to see the bigger picture and number two have a game plan for it a game plan like even fo ...

A lot of you have been asking me about AI. You know, what I think of that, how I'm using it. AI is something that began in 1956 and it's evolved in its various ways and now I love it more than ever.So, I'm integrating it into my decision- making. I think the important thing to know about AI is that um it's not just um the versions that you get and you ask questions and work as a partner with that um more importantly it is um your ability to work with a tool that can make decisions for you in parallel with y ...

Watch the bond market. The bond market is the basis. It's the backbone of all markets.It is the risk-free meaning defaultree probably default-free um interest rate that determines what all asset returns are going to be. And when there is a breakdown of the supply demand picture for the bond market, you see a certain type of market action, you see long rates rising relative to short rates. You see the currency go down.You see gold go up because there's a movement out of that bond market because there's a sup ...

I'm so glad that some of our conversations are on meditation. So I have a number of questions that I I get on meditation. Uh what type.There are just many many many types of meditation and I suppose they're probably almost all good. I've only experienced transcendental meditation but there uh the type of meditation that I do is a mantra transcendental meditation. I think there are number of them that have mantras.And the way it works is there's a sound that you repeat in your mind that takes your thoughts a ...

If you were talking to your 20-year-old self, ready to graduate college, what is something that you wish you did differently. The thing I would have done differently would have been uh be less arrogant. I think you come out of school, you think you know it all.I was just uh speaking with Bill Bellichic. He was saying the same thing. Kids come out of college and they think they know something.They're, you know, they don't become arrogant. Because I was asking him, um, does arrogance a problem. He said for ab ...