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#264: Ray Dalio, The Steve Jobs of Investing

The Tim Ferriss Show

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How Do You Think About Risk?

Risky things are not, in themselves risky ifyou understand them and control them. The key to success is figuring out where is the edge, and how do i stay the right distance from the edge. If you're not falling a lot and hurting yourself a lot, you're probably not learning. Think think of something as being correlated, like something like a bet,. Something we think of that is correlation, but you can almost think of it as different kind of bet.

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