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Episode 35 - Principles by Ray Dalio

Insights & Perspectives

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Be Crystal Clear on What the Deal Is

Be crystal clear on what the deal is. Make sure people give more consideration to others than they demand for themselves. Pay attention to people's track records, check references. Recognize that performance in school doesn't tell you much about whether a person has the values and abilities for that you are looking for. And understand that with anything worth while, there's going to be risk - especially in business.

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