Ray Dalio on a Lifetime of Principles

Ray Dalio says it took more than great returns to turn Bridgewater Associates into the world's largest hedge fund. It took principles -- prescriptive rules for life and business that Dalio established over four decades. The principles are what make Bridgewater unique, and unusual. Now Dalio has published them in a book, along with his life story. Bloomberg's Erik Schatzker sat down with Ray Dalio at Bridgewater's campus in Westport Connecticut to review those principles.

[@tictoc5443]

ray nails it "people dont say what they really think"

[@Mrmagic100001]

Tencent 😂

[@YEC999]

Big respect for the interviewer too: He never puts out his own opinions he basically lets ray talk which is great! Many people call him a tool here. He is not! Too many interviews with great minds are ruined by Interviewers who want to be important too...

[@lentrappe3309]

He is a kiss ass.

[@PrettyGreenMonk]

Well said maximum respect let the guys who really know do the talking

[@alejandrocansecoalvarez2698]

He's smart and humble thank you Ray Dalio and Bloomberg for this conversation

[@jaredtaylor7305]

Alejandro Canseco omkmkkko

[@majidmohammed3375]

After reading the book - Principles and having seen other interviews of Ray Dalio - I felt this is a very well conducted interview. Kudos to the interviewer he let Ray Dalio express his thoughts and asked some very interesting and relevant questions.

[@johnorajiaka3721]

Ordering my copy right away. Thank you Ray for sharing these insightful principles.

[@Value-Investing]

Thank you Ray Dalio!

[@RealRosieRuiz]

Ray told me to tell you thanks and to stop mispronouncing his last name.

[@MetalBum]

Invest with Sven Carlin, Ph.D. Thank you Sven Carlin.

[@eldadleiba55]

I just ordered the book, thank you so much Mr.Ray for pouring knowladge god bless you :)

[@alensaric1082]

It's not often you see a great interviewer in the finance game

[@taylorroa3352]

In the spirit of idea meritocracy, I have to say I disagree. I think this guy is a terrible interviewer. His ego and his "act" was distracting from the rich content that he seemed to be missing.

[@lisagoldman1499]

you mean the worst interviewer in the finance game

[@wyh194]

Taylor Roa can’t agree anymore .. he was asking dumb questions- are you turning that into a business? That is besides the point !

[@mytake7520]

His insight into radical transparency is so amazing. Wish all companies and families can do it. Looks like he also is spiritual, the way he is able to look within himself and come to a good conclusions. Thanks.

[@TheMelody55]

Best interviewer of the financial world.

[@MrHayolas]

Great interview, so rewarding and influential listening to Ray Dalio

[@Eli107682]

Hacia mucho tiempo que no veía una entrevista tan interesante. El entrevistador es excelente y Ray Dalio es una persona extremadamente brillante. Estoy deseoso que me llegue el libro para leerlo.

[@Dexduzdiz]

This guy is amazing honestly!!

[@sfk1066]

Love his insight into things.

[@long_fellow]

I could listen to Ray all day

[@KidLondon]

Great Interviewer and again great content and insight from Ray Dalio.

[@auniquehandle]

"Ray this is your book" Ray was like: "No shit bruh"

[@manesse7]

An amazing take and approach of the business of conducting companies and a refreshing view on public life, thank you Sir !!!

[@olamitravelushious9870]

Ray 👌🏼Shows #principle is the enforcer of emotional intelligence which = shared strength + shared victory

[@milsan0756]

Rey is so great to hear that, to help people to be successful

[@patriciapeever9560]

Very respectful interviewer....interesting.

[@makoy94]

I love you Ray (no homo) and thank you for this interview. Someday, I hope to find a great employer just as you described. I just ordered your book on Amazon and I can't wait to read it!

[@dimaz9670]

I love Ray Dalio!

[@michelesimko7541]

Such a positive outlook on man his surroundings an interactions of each on the other. Thank you for sharing your thoughts and impressions

[@eyev5085]

Very respectful Interviewer... a good listener

[@Mj17y]

Why does it feel that this is the interviewer's fake account?

[@briantaves1670]

Abdulmaged this is called sarcasm dummy.. lol

[@1309gsk]

we pay respect and respect to ray. Also wish him happy new year. stay safe

[@debrawang2757]

I found that many views and suggestions especially some mindsets are awesome! Wonderful! I wanna to read it agin and again!

[@riddhisingh6033]

Respected, Ray Dalio Sir I am also operating hedge fund have great regards for you, great sir.

[@lauriejamesmackeson]

The smartest people seem to know how to always win. Even when it appears they are doing the opposite of what they did [giving away vs accumulation]. We are going through a stage where many "successful" people are going the "the 3rd phase" of their lives.

[@jojoang5984]

We are in a very exciting times of such ‘standing on the giant’s shoulder’, which wasn’t available to public mass before.

[@ancientkid1635]

THANK YOU SO MUCH MR DALIO

[@midnightsxtc]

Wow the things he speaks about is the things i've been fighting to change in my own company i met my twin who thinks the same as i do and feels the same

[@camojoe7341]

Great interview!!!

[@austengray9249]

Just forget the comments and watch/listen to the video.

[@neverloosehope4233]

No comments are mostly the most important direct feedbacks, except Yours it's totally useless and You are a lousy looser!

[@delanojackson8303]

Brutally honest! love it!

[@petekdemircioglu]

Me too

[@suzakico]

Totally agree... Especially related to making the right /good decision, bringing wisdom - with how to use brain and listen to heart at the same time - and live with our mission. Also related to even Zen (or live truthfully and sincerely), AI, having fun, management etc. My profession is 35 + years as management consultant and author of books, eg "new shop floor management" and "Results from the heart" on mini company and glass wall management ideas etc. Wishing the good journey for all!

[@mohanvalrani]

Thankyou, Ray Dalio

[@jaredfenrick133]

Sure would like to know more about those algorithms.

[@sskoog]

Back when I interviewed at Bridgewater, they didn't even allow laptops or tablets to leave the corporate facility, for fear of their intellectual property leaking out. This has probably relaxed a bit since 2013 -- there was a large endpoint-security/VPN project launching right around then.

[@DFridrich]

He is a wise man

[@subedi04]

Mr Dalio should also make few of the daily newsletters public as well, I think world of economics will benefit greatly from those articles.

[@Mrmagic100001]

Information overload. Analysis paralysis

[@private1956]

Conversations involve two parties. If there is only one party is willing to be honest and be open, and another party wants to be ‘peaceful ‘ and avoid conflicts and maybe a little offended by the critics. Then what would the likely results? The paradox won’t get resolved if both parties insist their own ways. Fundamentally, It requires such environment for both parties to feel comfortable to express themselves and more importantly, they have the common goals working toward them.

[@Chachiboyss]

Yan Hong Well thank you Captain Obvious!!

[@ronaldo86]

great man

[@DowntownSound1]

DALIO!!!!👍👍👍👍👍Thanks!!!!------- (what a strange interviewer).

[@JBlack-dj7ly]

Ray is awesome - one of my fav folks in the world. But this interviewer is so odd! Why does he keep making all of these strange faces? lol. Does he realize he is sitting with a proven GENIUS??!?!!

[@JBlack-dj7ly]

Ray is awesome - one of my fav folks in the world. But this interviewer is so odd. Why does he keep making all of these strange faces? lol. Does he realize he is sitting with a proven GENIUS? A truly brilliant man.

[@briantaves1670]

It's called: the arrogance of the foul. It's also known as Dunning-Kruger effect...

[@thedailylunchbox-foodforth6307]

Exactly! The entire interview felt like a murder investigation and the music only made it worse. This interviewer reminds me of that episode of South Park where everyone keep smelling their own farts.

[@taylorroa3352]

Thank you. I agree, it was hard to watch this interview.

[@changantonio]

I like his socks lol

[@ligerllama]

Daniel Jones Your KZbin comment felt the same way. Clean your room.

[@cryptomoonmonk]

Genius individual

[@merchantgold6327]

When Ray speaks, the wise listen

[@petekdemircioglu]

Happy Valentine’s Day 😘😘😘

[@avaritiaetsuperbia]

Dalio is great. But I hate that handshake jumpcut they keep using. Goofy.

[@DaviMourao]

It probably made sense for TV breaks, but it makes no sense to keep it in the KZbin version.

[@paullee621]

I got some insight into the internal workings of Apple in Cork, Ireland. The support management department was one crazy place run by some highly neurotic and politically motivated people.

[@galerivs]

brilliant

[@riddhisingh6033]

If anyone want to understand Ray Dalio Sir there is need of at least 10 year deep study, then you can understand to him.

[@Vidav030]

Thanks

[@the2ndgem]

The most loving Italian I know

[@miguelnuno928]

He is american.

[@novaking6134]

It's a machine as in it has its own velocity.

[@pratikpatil9377]

Ray ❤

[@waelshehada3709]

If Ray runs for president, I'll be the first one to vote for him. I admire him. My mentor.

[@AliasHSW]

wael shehadeh - I feel Andrew Yang is aligned and draws from him.

[@zhanarkhaibullina4632]

What's the music at the background?

[@kitzchim]

Zhanar KHAIBULLINA darude - sandstorm

[@richardgalea9884]

Above all Dalio is a philosopher.

[@petekdemircioglu]

I love philosophy. We talk about it all the time with my husband.

[@petekdemircioglu]

🔥🔥🔥

[@tonnyst9380]

i read Version thai

[@jamielauren6772]

Very handsome for his age.

[@timmy666]

Principles principles more principles to follow the principles that suit you that you know that you can clearly communicate and you may ask yourself what does it mean to have principles do you articulate your principles today in our society are you clear, can you walk the talk, today in our society i hope that it will encourage people to be more principled so i encourage other people to put out their principles. i hope others do it too i want them to put out their principles. We want to know what albert einsteins principles were or steve job's principles. And if we had everyone's principles down cant you imagine if we had all those peoples principles for everyone? If you look at all those choices, you have to be able to deal with reality and if you view it as a machine rather than something you don't know you can then deal with it a lot better. Cause effect relationship etc. Life is a kind of machine right (simulation)? Learn your algorithm, share your principles so we can principle ourselves with principles of success. BOOYAH

[@syncwerd]

typo in CAPS If you look at all those choices, you have to be able to deal with reality and if you view it as a machine rather than something you don't OWN you can then deal with it a lot better. Cause effect relationship etc. Life is a kind of machine right (simulation)? Learn your algorithm, share your principles so we can principle ourselves with principles of success. BOOYAH OWN NOT KNOWN

[@petekdemircioglu]

On fire again!

[@iamnot8931]

Ben Bernanke a hero? Jack Dorsey? Oh man...I was with him up until this point. Was going to buy the book, but not sure if it would be a waste of my time and money now.

[@jorgegomez524]

Iam Not i consider Ray a nice guy ( probably I'm wrong) but this is just the usually bla-bla seller shit of wall street. Dont trut none of those guys.

[@awesomeme39083]

He is brilliant, effiencent and so much more. And i do understand Why labelling something as a machine Can be helpful, and much in our reality is a machine. But... my principle for lets say connection is quite opposite of this. I Can’t and won’t prefer treating i.e women as machines, and it May be great for learning but you Will Press the wrong buttons, and you Will learn in a different and wrong Way for how to understand women.

[@FortuneCookieLies]

I like how he speaks about independent thinking and then proceeds to squash an independent thought in the form of a question at 16 minute mark. Sometimes you are better off with someone else in charge or you in charge and you have to take it in strike. In the operations world, meritocracy doesn't exist. If a man can do well in any job or better than anyone else, that person will end up at the worst job possible. We need operational evaluations and criticism is what is needed. Shutting down criticism of the methods that you take is bad and limits the growth and potential of it.

[@sandeepvk]

i am in the second stage

[@albutler92]

Terrible interview but Ray is brilliant

[@petekdemircioglu]

Mission Completed

[@b.terenceharwick3222]

The interviewer is a mere mechanist, as typically produced by sad MBA programs. Ray Dalio is first an idea man on credible human relations: To pursue a meritocracy - rather than a tyranny or a mere tyranny of the majority -- requires building a kind of relationship, first & foremost in priority, that involves a genuinely humble approach to learning -- i.e., neither you nor "your idol" knows it all -- and so learning from those personally and relationally capable of learning from one another -- before all else. THEN the mechanics of how it's done becomes interesting and important. INVERTING these two phases - is to simplify - but a unsustainably different design for disaster, sooner rather than later...

[@thetravellingjanitor728]

I work for the post office. They could REALLY use the meritocracy system. Bloated, inefficient, etc.

[@petekdemircioglu]

💚💜💚💜💚💜

[@abdulghanibinothman]

You're smarter than I thought ray

[@Mrmagic100001]

He is.

[@escapefelicity2913]

"bernanke is a hero for doing the right thing" YIKES! 2017-09-22 17:40:32.96 GMT +7

[@MetalBum]

Escape Felicity it was probably the right thing for a year or two. Then they went overboard on QE

[@petekdemircioglu]

💚💜💚💜

[@inlander311]

👍

[@macfiona4545]

Ray Dalio makes Tony Robins strike like a Beta Version of Thai Lopes.

[@lisagoldman1499]

Icon, Ray not the interviewer. Interviewer is almost creepy

[@danbrown3664]

worried about the effect of Ai from poor social standards and bad behaviour

[@jentorninos.ballen9269]

Kaylan Po ba lalabas Ang katotohanan sa ginawa ko hirap na Ako at sirang sira sa laro nayan nahusgahan na ninyo Ako napag laruan Ng gusto Anu pa hinde pa Po ba sapat na nasira ninyo Buhay ko dahil sa laro nayan ha kaylan ninyo Ako PAG usapan dahil sa laro Nayan kaylan ninyo Ako husgahan dahil sa laro Ng treade Naya .hangang kaylan umangat na kayong LAHAT kumita mga mang lalaro sinira na ninyo Buhay ko napag laruan naging masaya na kayo sa PAG sira ninyo sa buhay ko Anu pa kaylangan o pag sira ninyo sa buhay ko dahil sa laro nayan...

[@borisnatsir5802]

one of the signs that one is smoking too much pot: trying so hard to understand how the brain works.

[@christopherarmstrong2710]

I've seen other videos on Dalio's "Dot Collector, " or "idea meritocracy." Isn't this just a formalized, algorithmic version of Group Think?

[@alexshay7969]

Ray, find out the Salvation of Christ Jesus and his principles of Salvation and the truth of God. Jesus said I’m the Way the Truth and the Light.

[@blaskosarcevic4305]

Bloomberg employs the award-winning closed minded people.

[@codica666]

The man has nothing interesting to say and he has one fixed idea: success. Thinking that it can be achieved by following a recipe is naive at best. No wonder he's a hero in the finance sector...

[@CanaldoTiagospeed]

✌🙂📈🔑

[@jentorninos.ballen9269]

Kaylan ninyo ako papahirapan dahil sa laro nayan hangang kayalan ko dalhil ang hirap ko sa laro nayan na pag sira sa buhay ko ako nasira hd kayo ako pinag laruan ninyo sa laro nayan kaylan nakiusap naman ako na kayo mag bigay ng totoo sa buhay ko sinira ninyo lahat anu po ba mali ko ha sa inyo nag nakaw po ba ako sira ninyo at pinag laruan napqhiya sa tao hd kayo napahiya ng husto kayo may pinag aralan kaysa sakin ako sinira sa tao sa laro at kakahiyan sa pamilay ko magulang ko sirqng sira parin buhay po sa lahat ng yan anu ba ang kasalanan ko aa laro hd ako sumonud sa patakaran ng laro anu mali konsa laro ayon qng alam lo anu mali ko sa ginawa ko na sinirq ako sa tao at lalahiyan sa laro nayan sirang sira ako

[@danieltrammell1916]

This how a real business man should carry themself. Not like Trump who lie his way to the white house.

[@jentorninos.ballen9269]

Hangang kaylan ninyo ako papalayain sa kakahiyan naya. Na gawa ninyo anu po ba ang totoo sa pag sira ninyo sa buhay ko anu po ba mali ko ginawa sa laro nayan ung katotohan na ginawa ko hiningan ko ng suport para maliwanagan ako hd masora sa laro nayan ng treade na intarnational na larp na pi akilala ninyo bubay ko sa tao kaylan matatapos ang kakahiyan ng pag uusig ninyo sa buhay ko pd taposin na ninyo lahat ng hirap ko sa tao hiyang hiya ako sa buhay ko nayan ng yari dahil sa laro nayan sira buhay ko anu po ba ang mali lo ginawa sa laro nayan na kumita kayo at ng kapera kayo buhay ko nasirq dahil sa laro nayan kayo po may ari ng laro ng treade na sinira ninyo buhay ko dahil sa laro mayan

[@MiroslavGalic]

Jesus, why is this interviewer so bad???!!

[@ligerllama]

Miroslav Galić Perhaps a better question would be “Why do you think this interviewer is so bad?” I’m sure you have a few good reasons for such a harsh critique. Please share.

[@rskbug]

Who is this interviewer? Why is acting like that?

[@Mrmagic100001]

Little on edge if you ask me

[@jentorninos.ballen9269]

Anu ang ka totoohan sa ginwa kk ginago ninyo buhay huhay lo

[@johnm6404]

Ray Dalio: Transitioning to Death

[@joshua1auhsoj]

"I'm not giving away the algorithms, just the concepts" well gee thanks for being so generous. For some one who wants complete transparency this statement seems hypocritical

[@sskoog]

The fact that a couple of Ray's right-hand men have tried to topple him (thus far unsuccessfully) also suggests that the 'transparency' hasn't quite overcome sneaky politics.

[@ligerllama]

When you take words out of context pretty much anything can sound hypocritical.

[@david213redmond]

funny interview

[@prometheus5874]

Twitter. Lol

[@freedomwatchdog2495]

Smells of infomercial ... preeeeeeeeeeeeety sure it's an infomercial. How much is this book again?

[@michelesimko7541]

Like the believeability vote. Mt. ex gets a zero! Ha...

[@callimachust8166]

the interviewer is trying so hard to put his intelligence at Dalio's level. So weird

[@Mrmagic100001]

He did a fine job.

[@user-wi8wl8hw2h]

思考人生!