Ray Dalio
@RayDalio • 2,368,766 subscribers
Official account of Ray Dalio, founder of Bridgewater Associates, author of #1 New York Times bestseller 'Principles,' professional mistake maker
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In order to be successful, you have to do five things. There’s a sequence to it. 1. Have (audacious) goals. 2. Identify and don't tolerate problems. 3. Diagnose the problems to get at their root causes. 4. Design a path to fix those things. 5. Push through to results. This is what I call looping. Go for your goals, identify your problems, get to the root cause, design a path, and push through. Life is basically just doing that over and over again. If you do that, you'll make the advances. #Principles #RayDalio #PersonalGrowth
Ray Dalio355,102 görüntüleme • 12 gün önce
An ideal economy is one in which there is as much growth and prosperity and wealth creation, ideally in a balanced way that benefits most people, happening at the same time as there's not too much inflation. Both inflation and growth matter. I was recently asked to explain the concept of stagflation and how it relates to the monetary situation I believe we’re in, and I wanted to share it with you.
Ray Dalio79,093 görüntüleme • 3 gün önce
So much of our current political and economic climate can be explained by debt cycles— and how those cycles build on each other over time. If you’d like more context on how all of these pieces come together, I recommend you watch my 30-minute explainer “How the Economic Machine Works” on here:
Ray Dalio76,180 görüntüleme • 4 gün önce
I was asked, how do I manage stress from economic shocks, geopolitical shocks, and all the things that are going on? While my typical approaches like "pain plus reflection equals progress" and meditation are highly effective, I’ll pass along another principle that I think is the best advice: The Serenity Prayer. I view this almost like a game. These macro things are happening, but there are also a lot of joyous things and choices that exist with us. It’s really up to me to navigate them. What can I control that's really important to me? What can't I control? I can't live forever, so I’m not going to get stressed out about that. But on the other hand, I can control certain things. Having that equanimity allows me to approach life in a way where I don't get hijacked. It is logical, real, and practical. Look around you. You’ve got wonderful things and things you aspire to. Don't get so attached. If you navigate your life well, you're going to be fine.
Ray Dalio105,662 görüntüleme • 6 gün önce
I’m really excited about what’s going on with Digital Ray, which is my digital twin. I'm creating this so that everyone can have as much contact and as many conversations with me as they want—unlimited amounts, in the same sort of way that I do it. Eventually, it’s going to be a lot smarter than I am. This is all part of the evolutionary process. It’s still a bit experimental, but it really is something. If you want to have unlimited conversations with me, go online and try it. I also highly recommend taking the Principles You personality test. It’s online and only takes about 20 or 30 minutes. It will tell you all about your characteristics and inclinations. Integrating your assessment with Digital Ray allows for highly personalized guidance in Coach Mode, tailored to your unique needs across life and work. You can find a link here: #DigitalRay #ArtificialIntelligence #PrinciplesYou #RayDalio
Ray Dalio244,214 görüntüleme • 18 gün önce
When you enter the third stage of your life, your joy changes. It’s no longer about being successful yourself anymore—the greatest thing you can do is help others be successful. That is why I wrote Principles in 2017. Over my life and career, every time I encountered a situation and thought about how to make a decision, I took the time to write down the criteria I would use. They became recipes—written principles that others could look at, challenge, and use to find clarity. Eventually, we even put many of these into algorithms so computers could make decisions with us. Writing them down changed everything for me. Now, I hope anyone who reads them can take these recipes and decide for themselves what works for them. #Principles #Mentorship #Leadership
Ray Dalio118,614 görüntüleme • 10 gün önce
While Bitcoin gets a lot of attention, it hasn’t played the safe-haven role many expected. In my view, there are a few reasons why. First, Bitcoin lacks privacy. Transactions can be monitored and potentially controlled, which is why central banks aren’t looking to hold it. Second, it also has a high correlation with tech stocks. When investors get squeezed in other areas of their portfolio, they sell their Bitcoin to cover it. Third, it’s a relatively small and controllable market, whereas gold stands alone. There is only one gold. Ultimately, gold is more widely held, deeply established, and still plays a central role in the global system.
Ray Dalio748,024 görüntüleme • 2 ay önce
Failure is a teacher. If you have success, you did it right, so there is probably nothing to learn. But if you have failure, there is something to learn. You have to make the most of your failures. Over time, I developed an instinctual reaction to failure. My instinct now is to view failure as a puzzle that will give me gems if I can solve it. The puzzle is simply this: What would I do differently in the future so as not to have that result? When you solve that puzzle, you write the lesson down. That is where principles come from. #RayDalio #Principles #GrowthMindset #ContinuousLearning
Ray Dalio127,623 görüntüleme • 17 gün önce
The World Cup games are really something else. Beyond the competition and the games themselves—which are fantastic—there’s this incredible element of how people from different countries interact with each other. People bring their unique personalities and nationalities, and everyone just gets along with so much respect. Whether it’s the Scots bringing their spirit and bagpipes to the games, or the Japanese fans cleaning up the stadium after a match, it’s a beautiful reflection of what the United Nations—and all countries—should be. It brings out a joy, laughter, and a warmth that gives us a real element of optimism. We should learn from this whole experience of what it's like to be together, and how we can be together. #WorldCup #soccer #raydalio
Ray Dalio174,927 görüntüleme • 27 gün önce
After spending time in Washington, DC discussing the budget deficit with senior people on both sides of the aisle, it’s clear to me that we are unlikely to change the debt trajectory we’re on and avoid the painful consequences. While virtually everyone agrees on the need to address our debt problem in a balanced way that includes tax increases and cuts to benefits, they also agree that they cannot speak up because politics have become absolutist. We must find a solution around absolutist pledges like, ”I will not raise taxes,” or “I will not reduce benefits,” when they are desperately needed.
Ray Dalio2,400,091 görüntüleme • 1 yıl önce
I believe we are currently on the brink. We are entering a particularly risky period expected between the 2026 midterm election and the 2028 presidential election. At the same time, the monetary situation is becoming increasingly threatening. The U.S. government currently spends $7 trillion while only taking in approximately $5 trillion, resulting in 40% overspending. While the government has a significant amount of debt to finance, the demand for that debt is falling. This decline in demand is driven by standard supply and demand factors, as well as fears from debt holders regarding potential sanctions. #geopolitics Ed Elson
Ray Dalio204,401 görüntüleme • 1 ay önce
Thinking about the 250th year of the United States... why does it blow me away? It's the closest thing to utopia that has taken place in all of humanity. People came from all over the world because it was a refuge and a land of opportunity. To have this mix of people come together and experience freedom and order at the same time—to work well and create opportunity together—is incredible. But it requires us to ask: How does the rule of law balance with compromise to reach an agreement for the greater good? On this 4th of July, these are my reflections. It is something to be treasured. #4thOfJuly #America250 #Opportunity #Principles
Ray Dalio112,368 görüntüleme • 22 gün önce
Looking ahead to the next 24 months, my main focus is passing along whatever I have that could be of benefit to others. At 76, that is the driving force behind everything I am doing. It is exactly why I wrote about the mechanics of debt - so people could study those mechanics. I still love playing my investment game, which I am now doing for my family office, and I am making a platform so that everybody can do that sort of thing. Those are my aspirations professionally. Personally, my focus is on family, my grandkids, and simply savoring life.
Ray Dalio165,154 görüntüleme • 1 ay önce
When you look back over the last 250 years, the United States has been an amazing place that has given people equal opportunity. People came from all over to work and live well together, becoming prosperous because you could have a good balance of freedom, rule of law, and civility. People were willing to compromise and work together because they recognized that, while imperfect, the greater system was ultimately fair. Our founding fathers had an aspirational dream of what could be possible, and that dream became a reality. It is one hell of an accomplishment, and we must not lose sight of the principles behind that success. Which principles do you think have contributed most to America’s success? #4thOfJuly #America250 #AmericanDream #Principles
Ray Dalio114,830 görüntüleme • 23 gün önce
It's now happening. The existing fiat monetary order, the domestic political order, and the international geopolitical order are all breaking down, so we are at the brink of wars. It all is happening because of the Big Cycle that is driven by the five big forces I've described repeatedly and laid out in detail in my book and Youtube video titled Principles for Dealing with The Changing World Order. You can find the video linked in the comments below.
Ray Dalio741,205 görüntüleme • 6 ay önce
In 1971, the US ran out of money and defaulted on its debts. Now, they didn’t say it that way. But by moving away from the gold standard, money as we understood it ended. I expected the stock market to plunge, but it went on to rise nearly 25%. That surprised me. But when I looked into it, I discovered the exact same thing happened in 1933 and it had the exact same effect. Here’s why.
Ray Dalio983,294 görüntüleme • 8 ay önce
My view is that buying and holding real estate is not an effective investment strategy in our current economic environment, for a few reasons. 1) Real estate is more interest rate sensitive than it is inflation sensitive, so given our current circumstances it is likely to go down in real terms 2) It is a fixed asset that is easy to tax, which limits its impacts on your ability to diversify 3) Real estate is nailed down, so investing in it makes it more difficult to move money from one place to another That’s my view, in a nutshell. I’m curious to hear if you agree. #GovernmentDebt #debt #principles
Ray Dalio1,032,906 görüntüleme • 11 ay önce
History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where: 1) The empire can no longer borrow the money to repay its debts 2) It prints a lot of new money, which devalues the currency and raises inflation 3) Living standards decline, leading to the rise of political extremism 4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources 5) Populist leaders emerge pledging to take control and bring about order
Ray Dalio749,123 görüntüleme • 8 ay önce
When entering this second phase of life, you are almost certainly making the mistake of thinking you know more than you actually know—especially if you got good grades in school. You were taught that success is a matter of learning what you were taught and not making mistakes. That probably made you a bit arrogant, like I was when I graduated. But it is living life and encountering your realities that will truly teach you. The question is, will you learn? Long Island University You can watch the full speech here:
Ray Dalio200,874 görüntüleme • 2 ay önce