Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
And and that's happening at the same time as we have an internal conflict taking place, such as the presidential election.
So we're going to come into the presidential and it's not just presidential election.
Of course, it's a number of things.
senators, congressmen, and so on, and who are at each other's throats about this, and who are going to fight with each other and fight to win.
Not probably respect the rules as much,
but fight to win for their side.
And that's happening at the same time as we have the situation with China, most importantly, China and Russia, in terms of the issues, in terms of their things to fight over.
You know, for example, even there's going to be an election in Taiwan that will also have a big bearing on this whole thing.
So there's, you know, we know, I think, pretty much, that we're going to have financial problems and economic problems at the same time as we have this internal fighting and this external risky situation.
The most important thing, I think, is to know your nature.
What is your nature?
What are your strengths and weaknesses and your likes and your dislikes?
And once you know that, then you also think, what are the fits?
Oh, I would like that job, and the job could pay me well.
And then you figure out, okay, how do you do it?
How do I get to it?
But they're different people in different circumstances, so I can't answer them all now.
Before you get to that second part, let me just on the thing.
Yes, it's the looping and learning from mistakes.
But another part of it is the realization that you don't have to make your decisions in your own head.