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#23 Ray Dalio: Life Lessons from a Self-Made Billionaire

The Knowledge Project with Shane Parrish

00:00

Are You Considering Your Second Order Consequences?

The first order consequence, the thing that you get first, is like a trick that will the opposite consequent. It's almost like life is tricking you in terms of putting out first order consequences, and then the second order consequences is the opposite. Can you deal with that? Because in order to get what you really want in life, you're going to have to pay attention to that second order consequence.

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