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389: Ray Dalio | Principles of an Investing Pioneer Part One
The Jordan Harbinger Show
Principles in Action - Is That Too Basic?
There's an app called Principles in Action on the Apple iOS store for free that has also the book in it. The principles are, what would you call these? Systems rubrics for making decisions based on inputs or is that too basic? I would say recipes. In other words, we encounter things and everything has happened before many times. And so through those encounters, there's sort of our recipes for success. When you're in this situation, what should you do? You can go get them for mothers. You can come up with them yourself. So that's what principles are, recipe for success of how you handle certain circumstances.
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