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Ray Dalio

👤 Speaker
1073 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

Let's say, for example, the food that you most enjoy to eat is probably the least healthy for you. Okay, the exercise that you want to do is not what you want to do, and it's the most good for you. Okay, so there are a lot of these kind of tricks. It's like the, I think they call it the marshmallow test for a kid. You have a choice.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

Let's say, for example, the food that you most enjoy to eat is probably the least healthy for you. Okay, the exercise that you want to do is not what you want to do, and it's the most good for you. Okay, so there are a lot of these kind of tricks. It's like the, I think they call it the marshmallow test for a kid. You have a choice.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

You have a marshmallow now, or you could have two marshmallows in 10 minutes. What's your choice? immediate gratification or getting stronger. And getting stronger requires challenge, okay? That's why also pain plus reflection equals progress. And so when you start to realize that and you get that hardwired so it's almost instinctual to operate that way, then you get power, then you get stronger.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

You have a marshmallow now, or you could have two marshmallows in 10 minutes. What's your choice? immediate gratification or getting stronger. And getting stronger requires challenge, okay? That's why also pain plus reflection equals progress. And so when you start to realize that and you get that hardwired so it's almost instinctual to operate that way, then you get power, then you get stronger.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

You have a marshmallow now, or you could have two marshmallows in 10 minutes. What's your choice? immediate gratification or getting stronger. And getting stronger requires challenge, okay? That's why also pain plus reflection equals progress. And so when you start to realize that and you get that hardwired so it's almost instinctual to operate that way, then you get power, then you get stronger.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

That's just how reality works.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

That's just how reality works.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

That's just how reality works.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

I think legacy is gift. Not memory. Memory is not important and I don't really want to do that. The gift I want to give most importantly is principles to help people. Legacy is gift to principles. That's why I wrote these books. I wrote Principles of Life and Work, which over 5 million people read in 36 languages in something like 125 countries. And people come up to me and they say, thank you.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

I think legacy is gift. Not memory. Memory is not important and I don't really want to do that. The gift I want to give most importantly is principles to help people. Legacy is gift to principles. That's why I wrote these books. I wrote Principles of Life and Work, which over 5 million people read in 36 languages in something like 125 countries. And people come up to me and they say, thank you.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

I think legacy is gift. Not memory. Memory is not important and I don't really want to do that. The gift I want to give most importantly is principles to help people. Legacy is gift to principles. That's why I wrote these books. I wrote Principles of Life and Work, which over 5 million people read in 36 languages in something like 125 countries. And people come up to me and they say, thank you.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

It has changed my life. Okay, that's a joy, that understanding. Because I think that principles are ways of approaching life. And by having learned a bunch of them that people can consider, I think that that's my most valuable thing to give. In addition, I'm, of course, philanthropically to pass along whatever I have, because as I say, I'll disappear.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

It has changed my life. Okay, that's a joy, that understanding. Because I think that principles are ways of approaching life. And by having learned a bunch of them that people can consider, I think that that's my most valuable thing to give. In addition, I'm, of course, philanthropically to pass along whatever I have, because as I say, I'll disappear.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

It has changed my life. Okay, that's a joy, that understanding. Because I think that principles are ways of approaching life. And by having learned a bunch of them that people can consider, I think that that's my most valuable thing to give. In addition, I'm, of course, philanthropically to pass along whatever I have, because as I say, I'll disappear.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

And then if I can pass along those things, that would be best. That would be my legacy. That would be my dream.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

And then if I can pass along those things, that would be best. That would be my legacy. That would be my dream.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

And then if I can pass along those things, that would be best. That would be my legacy. That would be my dream.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

I hope they're helpful.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

I hope they're helpful.

Money Rehab with Nicole Lapin
Ray Dalio (Part 2): Principles of Happiness, Grief, and What Money Can’t Buy

I hope they're helpful.