Ray Dalio leads one of the world's largest hedge funds, Bridgewater Associates.
To explain how the economy works, Dalio has put together a 30-minute animated video called "How the Economic Machine Works," where he narrates his big-picture view of the economy, which he claims works like a simple machine.
"I feel a deep sense of responsibility to share my simple but practical economic template," Dalio says. "Though it's unconventional, it's helped me to anticipate and sidestep the financial crisis, and it has worked well for me for over 30 years."
Here is the video.
According to Forbes, Dalio is worth almost almost $13 billion, so it's safe to say his economic template has served him well.
