05-12-2019, 06:49 PM
Billionaire Ray Dalio on his big bet that failed: ‘I went broke and had to borrow $4,000 from my dad’
Ray Dalio, Contributor
Published Wed, Dec 4 201911:19 AM EST
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.
Principles are ways of dealing with reality to get what you want out of life — and they, more than anything else, are responsible for whatever success I’ve had in both my work and personal lives.
In my new book, “Principles for Success,” I share a handful of principles that I live by, but there are three in particular that I believe are especially essential and life-changing:
* Think for yourself while being radically open-minded
* Dreams + Reality + Determination = Successful Life
* Pain + Reflection = Progress
More details in https://www.cnbc.com/2019/12/04/billiona...bills.html
Ray Dalio, Contributor
Published Wed, Dec 4 201911:19 AM EST
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.
Principles are ways of dealing with reality to get what you want out of life — and they, more than anything else, are responsible for whatever success I’ve had in both my work and personal lives.
In my new book, “Principles for Success,” I share a handful of principles that I live by, but there are three in particular that I believe are especially essential and life-changing:
* Think for yourself while being radically open-minded
* Dreams + Reality + Determination = Successful Life
* Pain + Reflection = Progress
More details in https://www.cnbc.com/2019/12/04/billiona...bills.html
Specuvestor: Asset - Business - Structure.