#23 Ray Dalio: Life Lessons from a Self-Made Billionaire
The Knowledge Project with Shane Parrish
00:00
What I Learned From the Wall Street Crisis
In 19 82, i calculated that a number of countries would not be able to pay back their debts to american banks. On august 19 82, mexico defaults on its debts. And people started to see this, and that led me to getting a lot of attention. So was o put on wall street week. But it turned out to be maybe one of the most valuable experiences in my life. It changed my approach to decision making. I went from thinking, you know, i'm right to asking myself, how do i know i'm right? How do i triangulate? The humility i needed to balance with my audacity. And so then it gave me an
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