Showing posts with label Ray Dalio. Show all posts
Showing posts with label Ray Dalio. Show all posts

January 6, 2020

Decide What You Really Want In Life

Take passion, for example. Without passion, life would be dull; you wouldn’t want to live without it. But what’s key is what you do with your passion.

LIFE PRINCIPLE: Decide what you really want in life by reconciling your goals and your desires. 

Life Principle: Success

Achievement orientation is important, but people who obsess over a $1,200 pair of shoes or a fancy car are very rarely happy because they don’t know what it is that they really want and hence what will satisfy them. 

LIFE PRINCIPLE: Do not mistake the trappings of success for success itself.

December 18, 2019

The Holy Grail of Investing

In this short video Ray Dalio explains what he believes its his Holy Grail in trading.



While Indiana Jones might have found it safely tucked away in the Temple of the Sun, to legendary investor Ray Dalio, the "Holy Grail" is a sweet spot between diversification and correlation.

Source: Investopedia

December 12, 2019

Ray Dalio Mentoring Diddy (video)


Sean Combs, also known as Diddy, asked me to mentor him to help him take his great success to another level. In this video you will see a recent mentor session of ours, and you will see a Diddy that you probably haven’t seen before. We explore the role of radical open mindedness, building an effective team, and the importance of using the 5-step process for success that I've outlined in my books, Principles: Life & Work and Principles for Success. You will also see why I want to help him and why I believe our relationship exemplifies how people with different backgrounds and different perspectives can work together harmoniously for the greater good. The greatest joy I’m having now is helping other people to be successful, particularly helping people who can help a lot of people.


December 10, 2019

The Big Bet That Failed

Long before I reached success as the founder of Bridgewater Associates, the world’s largest hedge fund today, I faced several failures. But through my struggles, I was able to accumulate hundreds of principles.

Here's a big bet that failed: Ray Dalio on his big bet that failed: ‘I went broke and had to borrow $4,000 from my dad’

November 21, 2019

Warning To The Average Investor

Ray Dalio was recently on CNBC where he alerted retail investors to not make the mistake of thinking that markets that went up recently are better bargains rather than expensive bargains.

“Don’t make the mistake of buying those things that have gone up thinking they’re better rather than more expensive,” Dalio recently told CNBC’s Leslie Picker at the Greenwich Economic Forum in Connecticut.

Read the complete article here: Billionaire Ray Dalio says retail investors should not make this big mistake

November 7, 2019

India: Modi Is One Of The Best

In my opinion, Indian’s Prime Minister Modi is one of the best, if not the best, leaders in the world. I had an opportunity to explore with him how he thinks as well as what he thinks. If you’re interested in listening to it, here it is.

September 9, 2019

July 23, 2019

Ray Dalio: This Environment Is Bullish For Gold



Ray Dalio is bullish on gold. Here are some of the reasons why he believes that gold prices are heading higher.

Ray Dalio: Bullish On Gold

“I think these are unlikely to be good real returning investments and that those that will most likely do best will be those that do well when the value of money is being depreciated and domestic and international conflicts are significant, such as gold.

Additionally, for reasons I will explain in the near future, most investors are underweighted in such assets, meaning that if they just wanted to have a better balanced portfolio to reduce risk, they would have more of this sort of asset. For this reason, I believe that it would be both risk-reducing and return-enhancing to consider adding gold to one’s portfolio. I will soon send out an explanation of why I believe that gold is an effective portfolio diversifier.” 

- in CNBC

Gold Will Be A Top Investment

Ray Dalio says gold will be a top investment during upcoming "paradigm shift" for global markets. 

You can read the complete article here: https://www.cnbc.com/2019/07/17/ray-dalio-says-gold-will-be-a-top-investment-during-upcoming-paradigm-shift-for-global-markets.html?__source=twitter%7Cmain

Related trading instruments: SPDR Gold Trust (GLD)

July 8, 2019

Synthesize The Situation At Hand

Every day you are faced with an infinite number of things that come at you. To be effective, you need to be able to tell which dots are important and which dots are not.


April 26, 2019

How Economies And Markets Work

Being a global macro investor for all these years has required me to gain a practical understanding how economies and markets work. If you’re interested in some of my economic principles, I recommend watching this 30 minute video.




Economics 101 -- "How the Economic Machine Works." 

Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.

April 25, 2019

Principles Of The Day: Alignment & Small Groups

When You Have Alignment, Cherish It

While there is nobody in the world who will share your point of view on everything, there are people who will share your most important values and the ways in which you choose to live them out. Make sure you end up with those people.



















3 To 5 Is More Than 20

Three to five smart, conceptual people seeking the right answers In an open-minded way will generally lead to the best answers. It may be tempting to convene a larger group, but having too many people collaborate is counterproductive even if the members of the larger group are smart and talented.

April 24, 2019

Principle Of The Day: Be An Imperfectionist

Perfectionists spend too much time on little differences at the margins at the expense of the important things.


April 23, 2019

Principle Of The Day: Don't Mistake Possibilities For Probabilities

Anything is possible. It’s the probabilities that matter. Everything must be weighed in terms of its likelihood and prioritized.


Principle Of The Day: Choose Your Habits Well

If you do just about anything frequently enough over time, you will form a habit that will control you. Good habits are those that get you to do what your “upper-level you” wants, and bad habits are those that are controlled by your “lower-level you.”


April 18, 2019

What It's Like To Work At The Most Successful Hedge Fund In The World

What it's like to work at the most successful hedge fund in the world, where 30 percent of new employees don't make it and those who do are considered 'intellectual Navy SEALs': read the complete article HERE.

Capitalism Is Not Working For The Majority Of People

Ray Dalio speaks about wealth inequality and why capitalism is not working for all Americans: ‘Capitalism basically is not working for the majority of people’ 

“Today, the top one-tenth of 1 percent of the population’s net worth is equal to the bottom 90 percent combined. In other words, a big giant wealth gap. That was the same — last time that happened was the late ’30s.”

March 26, 2019

Principle Of The Day: Radical Open-Mindedness

Learning is the product of a continuous real-time feedback loop in which we make decisions, see their outcomes, and improve our understanding of reality as a result. Being radically open-minded enhances the efficiency of those feedback loops, because it makes what you are doing, and why, so clear to yourself and others that there can’t be any misunderstandings. The more open-minded you are, the less likely you are to deceive your-self—and the more likely it is that others will give you honest feedback. If they are “believable” people (and it’s very important to know who is “believable”), you will learn a lot from them. Being radically transparent and radically open-minded accelerates this learning process. It can also be difficult because being radically transparent rather than more guarded exposes one to criticism. It’s natural to fear that. Yet if you don’t put yourself out there with your radical transparency, you won’t learn.