10 Principles for life by Raymond Thomas Dalio

Ray Dalio is an American Billionaire Investor and Hedge Fund Manager, who has served as co- chief Investment officer of worlds largest hedge fund, Bridgewater Associates, since 1995 . His innovations are regarded as some of the best in the industry, having popularized many commonly used practices, such as risk parity, currency overlay, portable alpha and global inflation-indexed bond management.

Here are the principles you can look up to for a good and happy life.

From Ray Dalio

1. Know that you don’t know

2. You need to think for yourself about what is true

3. Take decision by yourself & have the courage to act on them

4. The quality of decisions will determine the quality of your life

5. Embrace reality and deal with it

6. Truth is essential foundation for producing good outcomes ( do what you want to if you fail learn, it will help you encounter reality )

7. From truth, we learn to understand,accept & working with reality as it is not as I want it to be)

8. Dream + reality + determination = success

9. What success means to you – independence , peace & money

10. Pain + reflection = progress (analyse problem, mistakes & weaknesses.)

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