Principles For Success by Ray Dalio (In 30 Minutes)

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Published 2018-05-21
Join me on a thought-provoking adventure in my new animated mini-series, Principles for Success. I've taken my book Principles, and distilled it into a 30 minute ultra mini series that focuses on the life principles that have helped me the most.

For more from Ray:
Principles | #1 New York Times Bestseller: amzn.to/2JMewHb
Buy his new book, Principles for Success: amzn.to/34lgnNJ
Download his free app: principles.app.link/PFS
Take his new personality assessment, PrinciplesYou: bit.ly/3dM9ZX3
Connect with him on Facebook: www.facebook.com/raydalio
Follow him on Twitter: www.twitter.com/raydalio
Follow him on Linkedin: www.linkedin.com/raydalio
Follow him on Instagram: www.instagram.com/raydalio/

All Comments (21)
  • @SauloAvelar
    There's simply no price it can pay for each one of the lessons you're sharing, Ray. I had the pleasure to see you in person in San Francisco, during Dreamforce, and even covering the same topics, it seems that every time we listen to you or watch this video, something else new will pop-up in my head. As someone who moved to another country to live a better life, who's trying hard to cope with the challenges of building a family, advancing professionally, build my own business, I feel that I need to watch this video every single week. You have my word that I'll share it as much as I can to as many people as I can. Thank you so much for sharing this content.
  • Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $70K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
  • Every family has a person, who breaks the chain of poverty. I hope that you will be that person🤲.
  • @Jamesrogues60
    Great Video. I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.
  • @rannyorton
    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
  • It’s been great seeing your comments and discussing the video with you. I hope you’ll share it with others you think might enjoy or benefit from it.
  • @Raymondjohn2
    A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
  • @-Pamela
    At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
  • As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
  • @AG_KA108
    No BS courses, no links to click, no paid mentorship nonsense, no 10x nonsense....pure and simple and he wants to share his knowledge. Thank you Ray Dalio. You are doing a great service to people around the globe.
  • @youbian
    “I feared boredom and mediocrity more than I feared failure”
  • Simply do this; disregard the market opinions and projections. I'd suggest buying shares of reputable firms and holding them for long that's exactly why investing in stock now will be the best and favourable decision
  • @jacksonpohl
    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio in months. You have to seek for help in the right places.
  • I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
  • @alexyoung3126
    Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
  • Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
  • @joesphcu8975
    My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money averaging about $2 million was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing.
  • 1:08 You Need To Think For Yourself About What Is True 2:25 Time Carries Us Forward, We have to approach them in the best way possible 3:34 Embrace Reality & Deal With It 4:34 Truth Is The Essential Foundation For Producing Good Outcomes 5:32 Dreams + Reality + Ambition 6:35 Pain + Reflection = Progress 7:30 The Five Step Process 1. Know 2. Encounter 3. Diagnose problems 4. Design a plan 5. Execute designs 9:11 Adapt or Die 9:50 The Fall, (in 1982) 11:25 Broke, Giving Up His Great Life 13:14 Everything Is A Machine 27:33 Breakdown & Evolution (Humanistic take, not so much Theological)
  • @laraethan8423
    If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has exhausted. Investment is a ladder to climb the financial wall.
  • Valid and solid points. I used to feel overwhelmed when my portfolio would drop a few dollars. Now that I've learned how the booth works, I see bear markets as a giant opportunity to build generational wealth for me and my family. In just 5 monthsof trading ETF/ my portfolio have accrued gains of over $350K under esteemed guidance. Happiest days still yet to come lol