Ray Dalio: evaluation

Transcript context

…Three quick questions to close. I’ll just give you all three. First, why are we undervaluing the ocean right now? Second, why are Cape buffalo dangerous? Third, what are you going to do next? The floor is yours. First, let’s establish that the ocean is the biggest thing on this planet, the most important environment. We undervalue it because we don’t have contact with it. It’s like a sheet. The earth above the ocean, the highest point, Everest, is equal to the greatest depth, the Marianas Trench — 11,000 meters. They are both a piece of the same, but the ocean is 72 percent of the world’s surface. So that means that the space and what it’s occupying and the lives that live in it and all of that is more than twice as large as all of the continents combined, and it has an enormous impact on our lives. But when we look at it, we just see this sheet over it that’s going up and down, and we don’t explore it. People who haven’t seen beneath that sheet, or intellectualize what is beneath the sheet, undervalue it for that reason. For me, Jacques Cousteau helped me and excited me. As a result, I have been excited about the ocean, and I realize the importance of the ocean. One of the things — a passion of mine — I’ve created a ship, which is the best oceanographic exploration and media ship on the seas. We have explorers and scientists go on it, and they use it, and they capture that, and then they’re going to be showing that on National Geographic and Disney+ so that people get inspired about it. Anyway, I think it’s for those reasons that they don’t, and I’m working to rectify that by making that availability. It’s called OceanX. If anyone wants to go on and see what it’s doing, you can go on. You can search for OceanX, and it’ll explain that. Cape buffalo have killed more people than any other species. More than hippopotamuses have?…

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