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Ray Dalio

👤 Person
1065 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

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.

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

Or if you do, play around with the money, an amount of money that you can learn from. So if you're playing the game... and you do it over a period of time and you learn, you can do that. But don't be arrogant and lose your money.

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

Or if you do, play around with the money, an amount of money that you can learn from. So if you're playing the game... and you do it over a period of time and you learn, you can do that. But don't be arrogant and lose your money.

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

Or if you do, play around with the money, an amount of money that you can learn from. So if you're playing the game... and you do it over a period of time and you learn, you can do that. But don't be arrogant and lose your money.

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

My first book, Principles of Life and Work, which captures my perspective, is I first want to establish that I'm a dumb shit and that whatever success I have had in life is more because of my knowing how to deal with what I don't know than anything I know. And that's true, not only in the diversification, but also in seeking the input of the smartest people in the world, too. You know?

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

My first book, Principles of Life and Work, which captures my perspective, is I first want to establish that I'm a dumb shit and that whatever success I have had in life is more because of my knowing how to deal with what I don't know than anything I know. And that's true, not only in the diversification, but also in seeking the input of the smartest people in the world, too. You know?

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

My first book, Principles of Life and Work, which captures my perspective, is I first want to establish that I'm a dumb shit and that whatever success I have had in life is more because of my knowing how to deal with what I don't know than anything I know. And that's true, not only in the diversification, but also in seeking the input of the smartest people in the world, too. You know?

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

Okay. Thank you.

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

Okay. Thank you.

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

Okay. Thank you.

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

It's such a joy for me. Thank you.

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

It's such a joy for me. Thank you.

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

It's such a joy for me. Thank you.

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

Great.

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

Great.

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

Great.

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

No, I don't think so. Really? I don't know. I can't tell. Tell me. I never can tell, really. I think what we have to do, if you can, is ask your audience.

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

No, I don't think so. Really? I don't know. I can't tell. Tell me. I never can tell, really. I think what we have to do, if you can, is ask your audience.

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

No, I don't think so. Really? I don't know. I can't tell. Tell me. I never can tell, really. I think what we have to do, if you can, is ask your audience.

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

Oh, can you?