Changing World Order
Lesson summary:
The world order is constantly changing, and the future will be unlike anything we have experienced before. The author has learned from their 50 years of investing that the most important events that surprised them were ones that had never happened in their lifetime. To prepare for these surprises, the author studied the last 500 years of history and found that similar situations had occurred multiple times, resulting in changes to the world order. The author shares valuable lessons in their book “Principles for Dealing with the Changing World Order.