Being one of the greatest investors in history, Ray Dalio could have easily retired into a life of ease, wealth and comfort. Instead, he has devoted his life to explaining the principles that made him successful. On this episode of Impact Theory with Tom Bilyeu, Ray Dalio details precisely how to implement radical transparency, explains how to get past your ego barrier and your blind spots, and shares the secrets to having freedom and a life worth savoring while at the same time achieving crushing success.

[Original air date: November 26, 2019].

SHOW NOTES:

Tom describes the effect Principles had on him [3:05]

You can’t always trust that you are right [4:34]

Ray describes the “two you’s” and how he gets out of his own way [6:34]

Ray and Tom discuss meditation [11:28] Tom explains how he adopted the identity of the learner [14:34]

Ray describes the ego barrier and the blind spot barrier [17:03]

Ray explains the concept of “just another one of those” [20:04]

Ray details precisely how to avoid constantly making exceptions [25:14]

Ray explains how to implement radical transparency [26:47]

Ray details how to deal with a serious disagreement between two people [30:46]

Ray advocates that sometimes you just have to move on [33:01]

Ray explains why life almost always works the opposite of the way you think

[36:45]

Ray talks about how if you want self-discovery you will find a way to get it [39:43]

Ray explains how to get the most out of every single minute [43:11]

Ray defines tough love and struggling well [44:31]

Ray talks about savoring life, freedom, and the life arc [49:00]

Tom and Ray discuss that you really can’t skip a phase in life [54:37]

Ray shares the impact he wants to have on the world [1:00:40]

FOLLOW RAY:

WEBSITE: principles.com

INSTAGRAM: https://bit.ly/37hc087

FACEBOOK: https://bit.ly/2On6wjB

TWITTER: https://bit.ly/2KwfcDh

FOLLOW TOM:

Instagram: https://www.instagram.com/tombilyeu/

Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en

Twitter: https://twitter.com/tombilyeu

YouTube: https://www.youtube.com/@TomBilyeu

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The Monday Microsegment for the week of 5/12/2025