Ray Dalio ON: Principles for Making Better Decisions & How to Strengthen Relationships for Long-Term Success

About this episode

Today, I am talking to a returning guest and good friend, Ray Dalio. Ray is the founder and co-chairman of Bridgewater Associates, which, over the last forty years, has become the largest and best performing hedge fund in the world. He is the author of #1 New York Times Bestseller and #1 Amazon Business Book of the Year, Principles. Dalio has appeared on the Time 100 list of the most influential people in the world as well as the Bloomberg Markets list of the 50 most influential people. He lives with his family in Connecticut.    Ray genuinely shares the deepness of thoughts and what is his views on passing on your principles to others and picking up theirs and learn from it, the unappreciated value of journaling, knowing the right approach to having better relationships through thoughtful disagreements, the lessons we can learn from history, and the three things that mainly influence us and our society. We also exchange thoughts on asking approval and validation from others, how we react to others out of our emotional state, and how we can be of service to the world.         This episode was filmed at Soho Works: 10 Jay Street. What We Discuss: 00:00:00 Intro 00:03:00 The first time you fear meeting someone 00:04:17 How did you develop clarity? 00:08:13 The smartness of your move determines the outcome 00:10:55 When did you start journaling? 00:18:19 The arc of life 00:21:08 The three people you must have in your life 00:25:12 The biggest problem of our society 00:29:50 How to win the debate of life 00:32:20 Looking at the sequence of discovering the truth 00:38:03 Three big things that influence us 00:47:00 The typical cycle for a new system 00:49:16 It’s more human nature than the system 00:57:26 Producing a reaction that becomes instinctual 01:03:36 Four important decisions we make in life 01:10:25 How do you approach money? 01:14:27 Don’t worry so much about the approval of others 01:20:27 Three practices of successful relationships 01:25:08 How do we serve the world? 01:27:56 What’s your view of love? Episode Resources Ray Dalio | Books Ray Dalio | LinkedIn Ray Dalio | Twitter Ray Dalio | Instagram Bridgewater Do you want to meditate daily with me? Go to go.calm.com/onpurpose to get 40% off a Calm Premium Membership. Experience the Daily Jay. Only on Calm Want to be a Jay Shetty Certified Life Coach? Get the Digital Guide and Workbook from Jay Shetty  https://jayshettypurpose.com/fb-getting-started-as-a-life-coach-podcast/ See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit podcastchoices.com/adchoices