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330. Extra: Ray Dalio Full Interview

Freakonomics Radio

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Is There a Preexisting Set of Principles for Arbitration?

The founder of bridgewater hedge fund says his principles are responsible for the firm's success. Ray Dalal: What has made me successful is these recipes, these principles that i've discovered over a period of time. And what's made bridgewater successful is those recipes. If it was me centered, then we wouldn't have an idea mercratic process and you could only get a certain amount of leverage out of one person. It's the power of good principles, good recipes.

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