Ray Dalio on creating your own Principles
This Is Working with Daniel Roth
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The 500 Year Perspective
When you're taking a 500 year view of the world, it means stepping out of the emotional day to day. The reason we anticipated the 2008 financial crisis and did great in 2008 when most didn't is because we studied the 1930s period. What's happening now has not happened in our lifetime. So you have to understand it. It affects us this year now,. But how you go through that will affect it so much. How do you deal with it?
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