Ray Dalio

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.

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.

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.

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.

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.

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.

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

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

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

I hope they're helpful.

I hope they're helpful.

I hope they're helpful.

Okay, for life, evolve well, keeping in mind pain plus reflection equals progress and that you want principles. For investment, diversify well with a game plan that you know how it would have worked in the past and that you're comfortable with in the future. Don't be reactive. In other words, so many people The news comes out, the markets move, and then they reactively take action.

Okay, for life, evolve well, keeping in mind pain plus reflection equals progress and that you want principles. For investment, diversify well with a game plan that you know how it would have worked in the past and that you're comfortable with in the future. Don't be reactive. In other words, so many people The news comes out, the markets move, and then they reactively take action.

Okay, for life, evolve well, keeping in mind pain plus reflection equals progress and that you want principles. For investment, diversify well with a game plan that you know how it would have worked in the past and that you're comfortable with in the future. Don't be reactive. In other words, so many people The news comes out, the markets move, and then they reactively take action.

Don't do that. Okay, news comes out, markets move, and then take action is terrible. By instead having a game plan that you know how it would have worked in the past... And then recognizing that there's ups and downs and sticking with that game plan is most important.

Don't do that. Okay, news comes out, markets move, and then take action is terrible. By instead having a game plan that you know how it would have worked in the past... And then recognizing that there's ups and downs and sticking with that game plan is most important.

Don't do that. Okay, news comes out, markets move, and then take action is terrible. By instead having a game plan that you know how it would have worked in the past... And then recognizing that there's ups and downs and sticking with that game plan is most important.

Yes, but I think you have to ask yourself, are you going to beat the pros? Investing is a zero-sum game. So competing in the markets is more difficult than competing in the Olympics. So I would say be humble. I put in hundreds of millions of dollars a year to try to beat the markets. And others do. And that's what it takes.

Yes, but I think you have to ask yourself, are you going to beat the pros? Investing is a zero-sum game. So competing in the markets is more difficult than competing in the Olympics. So I would say be humble. I put in hundreds of millions of dollars a year to try to beat the markets. And others do. And that's what it takes.