Ray Dalio: The principles that made me a billionaire
About this episode
Ray Dalio shares his principles for building wealth and insights into successful investing strategies.
Ray Dalio's rules for building wealth: https://clickhubspot.com/rgsk Episode 842: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) sit down with Ray Dalio ( https://x.com/RayDalio ) to talk about the holy grail of investing strategies. — Show Notes: (0:00) Intro (0:49) Hitting rock bottom (8:28) Personality traits of the 1% (14:22) Partnerships that win (18:25) Pain + Reflection = Progress (23:30) What’s the money for anyway? (26:26) Principles (28:41) Ray’s hiring philosophy (30:43) Being a caddy (35:16) Mistakes smart investors make (37:01) What Ray spends his money on (39:13) Aliens (41:00) The 5 Big Forces (46:35) Investing in Gold and Bubble Mechanics (52:55) How Bridgewater became the biggest hedge fund (55:40) The gap between the best and everyone else (59:26) The 1 Big Takeaway — Links: • Ray’s Personality Test - https://principlesyou.com/ • Bridgewater Associates - https://www.bridgewater.com/ — Check Out Sam's Stuff: • Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff: • Shaan's weekly…
More episodes of My First Million
- I spent 24hrs with a blue collar millionaire
- Howard Marks: how I make money while you worry about a market crash
- Brainstorming business ideas with a billion-dollar founder
- 5 ruthless business lessons from one week in NYC
- I dropped out of college and built a $3.6B company from scratch
- 3 weird businesses doing $10M, $20M, $30M
Explore listener stats, chart rankings, contacts and more on the My First Million podcast page.