Just returning from the Tony Robbins Platinum Finance event in Sun Valley, Idaho, I wanted to share some of my biggest takeaways I think all Economy & Markets would benefit from hearing about.
One of my favorite speakers, whose background is in history, Niall Ferguson, author of the international bestseller, The Ascent of Money kicked things off. Niall talked about why he’s long America, short China… and shared his insights on why China represents the epitome of this massive debt bubble.
I also really enjoyed Ray Dalio, who’s the largest hedge fund manager ever, returning more money back to investors than Warren Buffett. Ray shed light on his research into long-term economic trends and what cycles are most critical in predicting the markets. You’ll want to hear how Ray’s forecasting fits right in with a lot of my cycle research.
Eric Prince, founder of Blackwater talks about where he sees opportunities overseas, including opportunities in China and emerging countries for minerals, metal and energy in line with my next 30-year commodity cycle after 2022.
Paul Tudor Jones, perhaps the most successful individual trader in history shared his insights on the current state of this unprecedented stimulus, where he thinks the stock market sits now… and when things could change.
Finally, Bill Gross, a brilliant, serial entrepreneur talked innovation and what it takes to succeed as an entrepreneur and radical innovator in today’s unforgiving and ruthless market.
Check out today’s rant for more details on all these great speakers and the biggest insights I took away as an economist, in forecasting the upcoming crash.