Ray Dalio, The Steve Jobs of Investing | The Tim Ferriss Show (Podcast)
HTML-код
- Опубликовано: 10 июл 2024
- Ray Dalio (@raydalio) grew up a middle-class kid from Long Island. He started his investment company Bridgewater Associates out of a two-bedroom apartment at age 26, and it now has roughly $160 billion in assets under management. Over 42 years, he has built Bridgewater into what Fortune considers the fifth most important private company in the U.S.
Along the way, Dalio became one the 100 most influential people in the world (according to Time) and one of the 100 wealthiest people in the world (according to Forbes). Because of his unique investment principles that have changed industries, CIO Magazine dubbed him “the Steve Jobs of investing.”
Connect with Ray Dalio:
Like Ray Dalio on Facebook: / raydalio
Follow Ray Dalio on Twitter: / raydalio
Ray Dalio, The Steve Jobs of Investing
Show Notes: tim.blog/2017/09/13/ray-dalio/
00:00 Start
06:33 Middle class childhood
08:29 Professional mistake-maker
12:01 “Pain plus reflection equals progress.”
16:42 On recognizing patterns
20:07 A meritocracy at Bridgewater
23:21 Bridgewater’s “pain button” app
25:59 Transcendental Meditation
36:33 An “idea meritocracy” comprises three things
40:35 The “Two-Minute Rule”
43:14 Early failures over successes
46:59 Why Bridgewater wins
47:12 Three ingredients for a successful life
48:22 Intelligence and happiness
49:41 Clinical depression and bipolar disorder
56:03 Observing a consistent, earlier bedtime
56:57 Removing the stigma of mental illness
01:00:24 Role models
01:02:18 Books and reading
01:11:50 A fascination with evolution
01:16:32 “Don’t pick your battles; fight them all.”
01:22:54 Risk
01:38:38 How to assess a new opportunity
01:48:00 Diversification
01:48:47] Advice about concentrated portfolios
01:51:38 Ray’s self-talk
01:53:17 Has Ray ever started over?
01:54:46 Technology removes a lot of Ray’s stress
01:57:40 Making transitions, sharing principles
SUBSCRIBE: bit.ly/1dSzTkW
About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 200 million downloads and been selected for “Best of iTunes” three years running.
Connect with Tim Ferriss:
Visit the Tim Ferriss PODCAST: bit.ly/2rYjUBr
Visit the Tim Ferriss BLOG: bit.ly/17jDHw3
Like Tim Ferriss on FACEBOOK: on. 1avYUxq
Follow Tim Ferriss on TWITTER: bit.ly/17d94TE
Follow Tim Ferriss on INSTAGRAM: bit.ly/2IfH37J
Follow Tim Ferriss on INSTAGRAM: bit.ly/2IfH37J 
Хобби
6:33
fromheine 🤣😂✌️😁
Thanks!
3:28 for Tim's introduction
My hero
Thanks. +1
Books Ray Dalio would gift every college graduate -
Lessons from history
River from elen - Richard dawkins
Joseph Campbell - hero of a thousand faces
Poshak Dua thank you!
Tim killing it! First richard branson now ray dalio 2 of my favorites!
The vision of Ray Dalio on Idea meritocracy is really interesting, Thank you so much for being sharing to us your phenomenal legacy, and a big big up to you Tim, thanks a lot for enabling these humanity celebrations possible!
1:38:00 when he mentioned the "economic machine" I realized where I recognized his voice from. Saw that video months ago. It was a really well crafted explanation.
One of the best interviews with Ray Dalio I've heard.
Best interview with him yet. Finally someone interviewed him that was thoughtful and let Ray speak.
The two most uncomfortable interviews I’ve ever watched were with Patrick Bet David and Gary Vee (I usually like them both). They didn’t let Ray speak and argued or spoke over him the whole time.
I can't believe you got an interview with Ray Dalio! Actually, I can, rather, I am so grateful that this exists --- that's more what I mean. Nice, Tim. Just found out about this via your Kevin Systrom interview. Thank you.
Tim, excellent and well thought-out questions
Excellent interview! thank you
Excellent. Thanks Tim!
Wow, absolutely amazing, Both Ray and Tim have similar was of seeing and samiping a parts of there there reality. The true skill of life mastery by the life masters, invaluable. Ray put his insights into an algorithm, Tim you run your split testing and experience via the social factors of the internet. The world is now a better place. Thanks to you both.
„It has to be timeless and universal.“
Great interview, thanks!
Great interview. Thanks Ray and Tim for sharing this!
Thank you for this. Really.
thank you Tim!
Thank you!
It was life-altering for me to listen to two people that I admire greatly discuss the bi-polar disorder so openly and positively. I have never admitted to anyone that it is something that I have suffered from most of my life. Hollywood puts such a scary, negative vibe on it that makes it hard for a person suffering from it to be open about it.
Hey Elijanator, want to discuss about bp, and the episodes i had and the experience that changed me inside out.
Meditate. It helps :)
Guaranteed good video every time👌
Thanks to both of you👏
Yarn! Wish it was more interesting. Surprised that Ray was not more dynamic. It was insightful, always a treat to hear one of the richest men in the world.
Question about what Ray says at 1:14:20 What do you learn best from.. books or conversations?
Yaaaaaaassss Tim. Yas.👏🏽
“Life will treat you the same way you treat others; you do yourself a favour by treating others as your sisters, fathers, mothers and brothers.”
― Thabiso Makekele
He couldn’t have been more spot on at 1:07:00
I think He’s more Mark Anthony of investing
Thank you, Ray Dalio, for your open-minded, transparency and truthfulness heart!
anybody know the name of the app that ray types in what happen in the day ?
Wow he got ray Dalio
Yes, losing can be a great thing. It gives you reality back and it wakes you up as if you are taking a few Cold showers a day. You start to pay attention to everything in geopolitics and international finance and development. Also inflation today and watching the price on everything you buy.
Intro starts at 3:27
To why investors always seem to be fascinated with evolution: growth mindset, it is the essence and perhaps largest example of adaptation and growth overtime
He is a great man
Been excited for this one, thanks!
That’s funny people get jitters from caffeine. I know people complain of that from preworkout but it’s not the caffeine but the betaine I believe.
Great stuff as always.
1:24:40 gold!!!
Ray dalio has it figured out
I really like Ray, but the only part of the interview where i could relax and enjoy was the part where he excused with "to technical". That was the realtalk, correlations, DCF, interest rates. The rest of the time i had the feeling Ray thinks he needs to dumb it down 3 rounds in his head, sad for the beautiful ideas and it made the flow so slow.. This is not fox news, be sophisticated as you are.
Great system. BUT I believe it to be a bit too complicated. There are simpler approaches.
This was a great interview. The explanation of diversification at 1.45 makes so much sense.
Lessons of History - Will Durant
Rivers Of Eden - Stephen Hawking
Leader with 1000 faces
No: _River Out Of Eden_ - Richard Dawkins
27:00
01:48:00
1:25:37
Рэй Далио - одно лицо с Агафьей Лыковой (Agafia Lykova) - похоже Рэй русский, просто не знает этого;)
Writing a book called “principles” while allocating capital for the CCP seems quite strange to me. Maybe his principles are just different from mine. “Sure seems like everyone is for sale at the right price”. Now you guys don’t have to read his book since we can summarize his actions into this short sentence.
You’ve got the best investor in the work and you bring up nothing besides confirmation bias and principles? Give me the life story and the technical knowledge.
and luck.
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!
Very inspiring! I love this.
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
@@BrunoLuke I invest across the top markets but not by myself though. I follow the guidelines of MARTHA ALONSO HARA . you might have heard of her. I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because I see that in her results as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed
@@MarcusFred-wn3iv That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?
@@BrunoLuke quickly do a web check where you can connect with her, and do your research with her full name mentioned
@@MarcusFred-wn3iv I just looked up this person out of curiosity; surprisingly, she seems proficient. I thought this was just some overrated BS, I appreciate this.
Thank you for sharing this information. Access to good information is what we investors need to move forward financially in the crypto market.
This is exactly why I have been working with his signal cause i can't risk to have 6 figures just sleeping there in my coinbase not knowing what tomorrow holds for it
i am a member of Kennedy Williams trade session and a full time beneficiary of his daily signals, i increase my 0.6btc to 4.3btc within 5 weeks 🍾🙌🙌
Painful to listen to. This is insanely dumbed down. Hour in and I haven’t heard anything substantive about ray or his life or how he made is money. I’m about to lose my mind hearing about these broad and boring topics
what you're looking for is the wikipedia
first!