We Study Billionaires - The Investor’s Podcast Network TIP164: Billionaire Ray Dalio's new book: Principles (Business Podcast)
15 snips
Nov 12, 2017 
Billionaire author Ray Dalio discusses his book Principles and shares his 5-step process to achieve goals. He emphasizes the importance of diversification and having 15 uncorrelated bets in investing. They also explore the significance of character when hiring or partnering. The podcast highlights the power of meaningful relationships and the importance of setting realistic goals.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 4min
Ray Dalio's Early Years in Trading
03:37 • 9min
The Holy Grail of Investing: Diversification and Uncorrelated Positions
12:14 • 5min
Achieving Goals at a Cost
17:23 • 22min
The Significance of Character and Identifying Traits
39:50 • 3min
Three Sponsor Ads: Shopify, Vacasa, and Babbel
42:31 • 4min
The Power of Meaningful Relationships
46:39 • 17min