Principles For Success by Ray Dalio (In 30 Minutes)
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- čas přidán 10. 05. 2024
- 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: / raydalio
Follow him on Twitter: / raydalio
Follow him on Linkedin: / raydalio
Follow him on Instagram: / raydalio
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.
I’m glad that this video (“Principles for Success”) is so valuable that you watch it repeatedly. I suggest that you also share it with the people in your life so they understand where you’re headed and how you plan to get there and they also benefit from it. I also suggest that you use the book as a reference book. When you have an issue, think about what it is and then look up the most relevant principle for it by going to the directory in the middle and then going to the one or more principles that apply. Also start writing down your own principles because the most important thing is to find the right principles for you.
Cdja
Saulo Avelar h
Sempre fui fã do Ray, mas esse livro dele foi além e caiu como uma salvação em minha vida. Estou atravessando o momento mais dificil da minha vida até então. "Principles" está me dando uma nova visão pessoal de encarar desafios e problemas, de realmente abraçar a realidade custe o que custar, deixando o ego de lado.
Mesmo continuando com as dificuldades. Eu sei que elas fazem parte de um processo natural de evolução.
Saulo
Every family has a person, who breaks the chain of poverty. I hope that you will be that person🤲.
You can do it! Make your dream come true.
For a second I thought this message was directed to Ray Dalio.
I was like, ummm middle class kid from long island, running the largest hedge fund... How does hope come in here” 😂
I appreciate you
@@lightskinnedbrother6599 iam the next first millonnaire in my family !! keep hoping dreaming and working smart folks
Thanks but we are well of Jazakallah
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.
Beautifully stated
Just the rawness and transparency helps you connect deeper without it feeling like a “ulterior loop.”
Hes a multibillionaire dude🤣🤣🤣
He sells books and I'm sure he sells his image some how
Some people are already successful and at the sharing knowledge stage of life, others are trying to get ahead and make a living, so they sell courses, paid mentorships, etc. nothing wrong with that. Many add value and are worth paying for.
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!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...
I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000
Fantastic! can u share more details?
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.
True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns
It's true... It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest
@@claraclouse9086 Search and connect with *Ingrid Cecilia Raad* . She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
@@joesphcu8975 I searched for Ingrid by her full name and she seems quite trustworthy and knowledgeable. She is a fiduciary acting in the interest of the individual. So I left a message on her site, I hope she will answer soon.
I buy much bitcoin and now make me much millions
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.
Great video thanks for sharing your wisdom & knowledge.
Thanks for sharing. I realy enjoy your voice. The Charakter behind it gives the content more life.
Principles by Ray Dalio Thank you Sir!
Amazing video! Looking forward to more wisdoms in this format.
Ray, as someone who came from nothing, moved to the States on my own at 16 in pursuit of my dreams, believes in humility/kindness and strives to unleash my full potential by embracing constructive criticism, I felt the urge to drop you a note and sincerely thank you for what you did here.
Though I have made some progress in life and am able to provide slightly better quality of life for my family, I struggled to systematically decode the secret recipe of a successful rewarding life. In recent years, I found myself becoming more risk averse and fearing to make big decisions like the one I did at 16... until I watched this video.
Thank you so much for articulating your life lessons in this video - This is truly profound and absolutely one of the most inspiring videos I have ever watched.
Sharing knowledge like this and the economic machine is extremely valuable and creates significant ripple effect that will certainly change the world in ways beyond your imagination and the lives of many others that you may never meet/see in person.
I am blessed/privileged to have access to this knowledge and will certainly do my part of sharing with others. Again, Thank You! - Andy
“I feared boredom and mediocrity more than I feared failure”
That's the thing with the people when they become aware of the reality and want to do something different.. To become something more
Some people fear work, effort, pain, and failure more than they fear mediocrity or even living in misery.
Me sooooo meeeeee LoL
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
@Jamie Janny Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
@Jamie Janny Yeah you're right that's why I had start Forex trading two months ago and now i'm making benefits from it now .
@Scott Nicole O ' Yes I'm a living testimony of her good work expert Benson Sandra
Mrs Benson Sandra has changed my financial
status for the best ,all thanks to my aunt
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.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
@Zahair O'Brian Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement.
@Zahair O'Brian I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
That’s a very great perspective thank you
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 think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name COLLEEN JANIE TOWE and everything changed. In the first quarter of this year i made $370k and counting.
@@rogerwheelers4322 Same thought when I read the comments from people. as if it's that easy! You can't give what you don't have. That's why as many as who go into the market with little to no knowledge will continue to feel the full downsides of stocks when it happens. I personally need some guide with regards to my 401k. How can I reach Collen Janie Towe?
@@harwellron1289 Exactly the point! quickly do a web check where you can connect with her, and do your research with her full names mentioned..
@@rogerwheelers4322 oh! i never take this advises online seriously, but i checked Colleen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response
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.
The first step to wealth creation, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
You’re right! Working with a financial advisor who has worked in a solid financial firm for a long time, such as John Desmond Heppolette, will actually set you up for success in life. I'm delighted I was able to reach out to him earlier this year because while others were grumbling about the downturn in the markets due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone, which is why it's always good to join the correct community..
Yeah for real, John Desmond Heppolette, is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience..
That's great, your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financially stable. I just discovered his exceptional resume when I made a Googled search of his names online. I consider it a blessing that I discover this comment area!
I've been making more than seven figures passively investing with John Desmond Heppolette, who showed me the right community to join and grow mv finances and I don't have to do much work. It doesn't matter if the financial market is crashing, I will always make returns.
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
Trading used to be a stressful "Rollercoaster Of Wins And Losses with no Consistency. Since learning the rules, all i've done is follow them. The results came effortlessly
@@marcelrobert9569 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we average joes don't know.
@@obodoaghahenry9297 She really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. I left her a note and booked a session with her
Just choose the toptier companies’ stocks in the downtrend. Stay away from pennies.
@@markgeorge8206 Julie Anne Hoover, who serves as my advisor, is very knowledgeable and skilled in the financial industry. She is regarded as an authority in the field and has in-depth understanding of portfolio diversification. I advise doing more study on her credentials. She is a great resource for anyone looking to understand the financial market because of her extensive experience.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
I always found the idea of using spreadsheets very time consuming and unnecessary. I just dump a bunch of money into my savings accounts each month and keep my spending money in a separate account and try to spend as little as possible.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@@piercejordan5335 Please can you leave the info of your investment advisor here? I’m in dire need for one.
@@piercejordan5335 thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply.
@@Green-ed7wq sounds of san Fransisco???
I remember seeing in the news recently that people payed 500,000$ to have lunch with Warren Buffet but you make videos like this for free for everyone nice job Ray
Actually Warren buffet has given out all his principles and values in his annual letters. Many people don't even discuss business with buffet in those meetings. Also he gives away the meeting money to charity and he has pledged to give away 90% of his wealth in the giving foundation. Warren is one of the most selfless people out there.
Well, Warren Bufffet has given a ton of free advice too. But the thing is Ray Dalio and other successful advice videos are cliche at best. These advices are as if a result of survivorship bias hence they are ineffective against most adults who aren't naive. I am not saying that successful people are successful only because of blind luck. On the contrary, most of these people know way too much of things which we know nothing about. What I am implying here is that true wisdom can't be free. You must earn them. As matter of fact, wisdom is extremely costly (not just financially btw). You gotta show these people that you're highly committed and actually have a certain amount of skill to prove your worthiness (in this case $500,000 for lunch with Warren Buffet).
That is why you never seek the wise old man at the bottom of the mountain. He can only be found at the top of a mountain and generally, you'll meet monsters or natural disaster or both along the way. There is a good reason why stories like these have resonated with humans for thousands of years.
Looks like someone is on a Jordan Peterson binge!
dnpdus
Antediluvian Clockwork tioklion
Someone please forward this to everyone on Earth.
Can YOU do it?
mo
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.
These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.
@@martingiavarini I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?
@@bob.weaver72 my advisor is ‘’Catherine Morrison Evans ’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@martingiavarini I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
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.
I agree with you mate. Investment is also a bridge to sustaining your financial longevity. And not just any investment but an investment with assured return because there are investment that has no gives no profit.
So how do you get your proper guide and the analysis you mentioned? Because I have incurred huge losses while investing by myself
it's best to have an investment man *ager* who has well acquainted knowledge about Investment, to help you earn from your Investment on your behalf while you oversee the Investment growth, having hundred percent access to your portfolio.
Speaking of investment man *ager* , any recommendation? . I will also want to know if while he/she handles my Investment, is my investment still accessible by me to monitor and authorize any action on the Investment portfolio?
My investment manager is Mrs Roy Kheler, she is knowledged when it comes to investment that assures daily and weekly returns.
This is just gold..
This is something that should be presented in schools
Also...make sure to watch this a couple of times...there is so much good information, that you will NOT REMEMBER everything....
Many people have told me that. Pass them along to teachers to see what they think. And certainly give them to kids. School doesn’t teach them these important things. In fact it teaches them to be embarrassed about failures rather than they are normal parts of the learning process and how to make the most of them.
Principles by Ray Dalio definitely will apply these to my life and share these along with your other lessons with my two young sons (two and four) as they grow. Thank you for taking the time to share your knowledge! God bless you Mr. Dalio
Most of the people are close minded and would say this video is “boring”. Success is not for the lazy.
Principles by Ray Dalio Ray, you have changed my life. I look up to you and people like Richard Branson and Elon Musk. I would greatly appreciate it if you would tell me how you learned to meditate. I want to start mediation, but I do not know where to begin.
When you stop learning , you get left behind . Never stop educating yourself
Being successful don’t happen by magic
Success is dependent on the action or
steps you take to achieve it. Show me
a man who doesn't have an investment
and I will tell you how soon he'll go broke
Investment is building a safe haven for the
future: with the right choice of investment
that has at least 1% minimum risk and
with an Expert guidance, profit and interest
should be 💯 guaranteed.
@@coreensawlivich7523 I agree e with you 💯 .. I had a senior
colleague at work who was doing well but
never had an investment. Unfortunately he
lost his job and went from living a
comfortable life to hardship. There would
had been something to fall back on if he
had an investment
@Tran Nguyen True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best
@Tran Nguyen I believe The only credible law of increase is investment because money not invested has no future. I make huge profits on my investment since i started trading fx with Mr Kelvin Maorgan, his trading strategies are top notch.
@@coreensawlivich7523 It is the planning you put into today that will yield the dividends of prosperity for you tomorrow.
I am just truly greatful for technology today and CZcams that i can listen to people like Ray just sitting on my bed who just poured his life experience for us to learn from his mistakes..which would otherwise been an hard journey to get hold of a magnificent person like him and convince him to teach us all these profound principles. Thankyou so much Ray. ❤️
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)
Michael Pisciarino soUp
Thank You.
Thank you
Shukria
Grazie 😊
Thank God for the internet,for CZcams and for the era I was born in.
I consider myself very lucky to have stumbled upon this video.
Victor skinny fella yes💙
3 ei
true!
How old are you?
Carlos Andres 11
Funny thing is, my phone must have been listening in on all of my conversations because I just came across this video during the same time I met Jessica Marie Gibbs.
Wow, I'm surprised that you brought up Jessica Marie Gibbs Financials, as she is also my current broker.
You don't have to be
shocked, Jessica Marie Gibbs as helped so many newbies become millionaires through çrýptö trãđinğ
I would recommend you get started with a professional that will help you while you get the returns
@Jordi William I would recommend Jessica Marie Gibbs financials. She is currently earning a lot of profit for me and her services are top notch
*Jessica* has changed my financial status for the best. All thanks to my sister who introduced her to me.
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
Your Confidence tells it all. The stock emporium is a crucial step to becoming financiallly free and with guidance, but it will only give you good returns if your guide understands how the booth works
My wife and I are retiring this year with over $700K in our portfolio. Up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices. Credits to my Life Saver JOHANNA MUSSCHE
Johanna really seems to know her stuff. I found her web~~page,,, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. Wrote her pertaining my fin-aims//
Pain + Reflection = Progress
you've applied well the 80/20 principle.
i need a poster of that now :)
+ exertion
Siim Land good
Siim Land good
The animation team deserves an Oscar
RJ Moran grammys are for music 💀
He meant Oscar lol
😊
Absolutely
You need to watch more animations, man
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.
Well, the top players and pros have exclusive information and data paths that are not disclosed to the public. Knowing the strategies to use during this time is one thing and having the right information to execute them successfully is another.
@@alexyoung3126 I agree. Based on firsthand encounter with a fiduciary counselor ''Eileen Ruth Sparks'', i have $385k in a well diversified portfolio which has grown by 3x with compounding, venturing doesn’t necessarily boil down to money but you also have to be informed, be patient and back it up with good hands
@@checkforme234 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well.
@@lawerencemiller9720 You can easily look her up not he web, she has years of financial market experience.
@@checkforme234 Awesome! your potential seems limitless. I'm fascinated with investing, I’m delighted to engage in this opportunity, I just found the professional’s web page and have already written her
The animation, the voice, the knowledge, the combination. No words for it. Perfect...
1. Know your goals and run after them.
2. Encounter the problems and don't tolerate them.
3. Diagnose the problems, don't rush into solutions.
4. Design a plan to eliminate the problems.
5. Execute those designs.
Repeat over and over.
Chnrkanta
Thanks for reminder
Thanks alot
@Peter Nguyen hey that's a good one. I hope you will stick to your goals. All the best..
hmm
I'm 55 years and I retired at 51. I was able to do this because I understand four pricinciples of financial planning success think long term with goals and investing, spend less than you earn maintain liquidity (an emergency savings) minimize the use of debt
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investment...
Money invested is far better than money saved, when you invest it gives you an opportunity to increase your financial worth
It's remarkable how long term advantage people like us have gotten trying to be consistently not stupid, instead of trying to be very intelligent
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on government paycheck. Especially with the current economic crisis around the world , this is still a time to invest in Stocks, Forex and Digital currencies
I keep seeing how lots of people testify about how they make money from stocks, Forex and crypto currencies (BTC) and i wonder why i keep losing.. Can anyone help me out or at least advise me on what to do 🙏.
I feel so blessed after watching this, Knowing that this is free knowledge and people are willing and doing things to help others to get past them. Thank You Ray Dalio
I've literally watched this 10 times over the past month to put all these things into my subconscious mind. I've seen very few videos in my life which have given me the clarity this one has.
Garrett Hoyos i’ve planned to do exactly the same !
You've spent 5 hours on it
Garrett Hoyos omG
I think I will do the same!
I'm planning to do the same!
This video is a gem. I keep coming back to it every few months to align myself when I lose track of things.
Thank you for making this.
The wealthy have all formed a very wrong conclusion in thinking that wealth brings with it a feeling of security when just the exact opposite is true. Even Bobby McGee knew that. They keep needing another fix, still empty inside, just like a junky. What a coincidence, the more money one has, the more zeros. Just my understanding....................Falun Dafa
Interesting. I'm going to watch it to.
I’m about 26 years old and I am coming to these conclusions before having seen this video all I can say is thank you because this helped confirm that I’m on the right path (yes I quit my job and have been working for myself) despite what everyone has told me doing what I don’t want. This has given me something to look forward too and once I make it to my destination I hope to pay it forward as you have
His actual principles should be to grow up within walking distance to a golfing club, have a dad who's a jazz musician that played the Copacabana (also live in NY and have enough money for his mom to not work), have the ability to start investing at 12 (14 years too late for you), be a self proclaimed "bad student", still go to Harvard business school, and bumblefuck into millions by being in commodities right when Nixon took america off of the gold standard. Idk if it helps to get fired after a year on the trading floor for bringing a stripper to a client presentation, but he did it so add that to your principles. Bro, your best fucking bet is to save up around $2000-5000, and dump it all into weekly expiring spy options and pray something big happens and you get lucky. You aren't getting anywhere without a fat stack to start out with.
@@dustysearsamazing comment, realist, direct, what is your experience?
Thank you for the amazing video Ray. I was at a very dark place in 2017. Fallen very badly. This video brought light back to my life! Thank you Ray!
I watched two videos of you, Ray. The first one was how the economic machine works, and this is the second one. I was truly amazed by how knowledgeable you are. The way you lay down your ideas is great. You know what you are talking about and that is what makes you different than others. I look forward to meeting you in real life. You are a guy who the time with is invaluable. Thanks for your time and effort.
also it is my second video from him, the first one is Economic machine
I accidentally watch the same as you. First is 30 minutes economic and second is this one as well.
woOw
I like how reality encompassing this video is : acknowledging gaps in our mental models , realizing that we can work with them even if they're not fully-formed yet while pursuing to complete them.
This whole video is absolutely brilliant.
The animation, the music, Dalio’s voiceover- the entire video is brilliant. What a time to have information this valuable readily available for minimal effort.
“Replace the joy of being proven right with the joy of learning what is true.”
No matter how big the failures are, never give up!
I’m literally in tears. As a 26 y/o entrepreneur, this was extremely impactful. Thank you!
i'm 21, about to leave school and having a grand time with it too!!! Big up from Jamaica!!! #Flairy!
literally 26 y/o entrepreneur aswel were on the same path best of luck along your journey buddy
Love meeting and keeping up with fellow young entrepreneurs. best of luck to all of you
I am 12 years old..and entrepreneur ..better than u
haha yea this video was so helpful
22:38 "The best way to live through the jungles of life is with people who see things differently from me." - Thanks, Ray! I love your words and wisdom. Very insightful!
I understand the message you are trying to convey and I applaud your efforts. Current and future investments are needed to lift people out of poverty and fight inflation.
There are many benefits to investing, especially when it comes to making the right investments, which requires thorough research, especially when choosing a relevant broker to invest in. Educational videos like this one help
@@robertspeek1957 Most investment mistakes and losses usually occur when you invest without detailed knowledge of the market. With the help of Gray Walter I was able to make up for my losses. I'm glad to know that many have already benefited from his winning strategies
"I stopped finding joy from being right but rather, finding joy from finding what is true". His take on opinion and self-reflection is the same as how I've always believed in but failed to surmise into a sentence. Wow.
Ray is simply one of the GOATS. Not just because of his success in his career and everything hes achieved, but also because of his humility and generosity to others.
This is a masterpiece. I cannot say any more than that. Thank you, Mr. Dalio!
One of the finest teachings one can receive in life; holistic, eye opening in every way possible! Frankly there’s no word that can explain the value of this!
I have listened to this more than 10 times and every time I listen to this I learn something new. It's priceless video! 🙏🏻 Thanks Ray.
Listen many time will help u more powerful from inside. Do your best😊
read the bible. That book has characters that we all are in our lives and see how they succeeded or not based on what they did. A learning
@@jackfrosty4674 read The Geeta, & The Mahabharata
The wealthy have all formed a very wrong conclusion in thinking that wealth brings with it a feeling of security when just the exact opposite is true. Even Bobby McGee knew that. They keep needing another fix, still empty inside, just like a junky. What a coincidence, the more money one has, the more zeros. Just my understanding....................Falun Dafa
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. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
@Dan Brooks Impressive can you share more info?
Wow I can't believe you guys are discussing about Christine Jane Mclean, I once met her at a conference in California 2019, just before the pandemic. I can testify that she’s very good in trading..Highly recommended.
@Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
This is digital art! Your insights and these incredible illustrations tell such a wise and powerful story. Thank you for sharing this with the world 👏🏻👏🏻
Thank you Ray Dalio. I've been sharing your videos with my friends, colleagues and family. I can't wait to see more of these!
There's nothing more precious than learning from people who've went through the lessons of life. Thank you Ray
Read the bible. Will be each one of those people somewhere in your life. Find out what to do and what not to do without the pain of doing it. See story Prodigial son.
I might have contributed to a million views of the video to summarize the following 8 Epistles of "the Principles for Success."
8 Episodes:
1. Dream + Reality + Determination = A Successful life
2. Truth is the foundation for producing a good outcome
3. Pain + Reflection = Progress
4. The Five-Step Process - 1) Goals, 2) Problems, 3) Diagnose, 4) Design, 5) Do it
5. Everything is a machine (a work of evolution)
6. Two big barriers in life - Ego & Blind Spots
7. Be radically open-minded
8. Struggle Well
This series is a master class in communication persuasion and message embedding. Brilliant!
THIS TOUCHED MY HEART. THANK YOU RAY DALIO.
Amazing animated series. Your book was truly insightful and life-changing. You are an incredible teacher of life lessons. Thank you so much, Ray.
The wealthy have all formed a very wrong conclusion in thinking that wealth brings with it a feeling of security when just the exact opposite is true. Even Bobby McGee knew that. They keep needing another fix, still empty inside, just like a junky. What a coincidence, the more money one has, the more zeros. Just my understanding....................Falun Dafa
I am 70 and what ray is sharing is spot on , the sooner we except life as on life’s terms ,we all need to reflect by looking at our own side of the street as humans we are natural programmed to blame others , I always try and remember If i start making excuses, I have not reflected on my side of street…. It is critical to take your ego and pride out of it … I always remember pride comes before the fall . Love this video thanks ray keep doing your good work! We are all in charge of are own destiny.
Thanks Ray. Your content has been invaluable.
Very interesting. I am a very big fan of your videos, especially the solarballs series. Were there any other videos that contributed to your success?
It's exactely what school should teach you! Ray is teaching life to everybody. Thanks sir!
It's not about being right but seeking truth, what a lovely lesson ❤
because when you know the truth are standing on solid ground and a starting point to make a decision at.
Oh my GOSHHH. I am going to watch this so many times. Bravo. The illustrations, the simplicity, the speed of speech, the examples.
Thank you.
Amen! Taking ownership of your responsibilities is probably one of the most important things to do and seeing the reality of your mistakes and moving forward. You couldn't have said it any better😊
I had to watch this twice. Thank you immensely for this @Ray Dalio. This is pure Gold.
Carlson Chimangha t67hhh
Ray, thank you for sharing your knowledge and experience. Your life has a different meaning with the love for educating others.
This is truly wonderful and I'm so grateful you shared this with us...Thank you for these remarkable teachings, they completed an important piece of my fatherhood I was missing.
I have all your books and i definitely need them signed by the great Ray Dalio. Thank you for sharing your knowledge
Thank you so much for the video, it's really awesome. I definitely prefer the 30 mins format compare to the short episode, but having both is even better.
What is your software??? cool
Ateads
WOW! Feels like something I should have paid $1000s for watching - Great information - Great compliment to your book Ray!
This video got 1 million views, so technically you can say advertisers paid $1000s for creating the content
The knowledge and experiences you are sharing are so invaluable, especially now when I am encountering a demoralizing failure. Thank you so much Mr.Dalio!
Thank you so much Ray Dalio for sharing your knowledge and wisdom with us!
Thank you so much for this video, I’ve recently had an existential crisis regarding heading what direction to head after graduation. I realized my goal of 4 years was no longer my current goal. Your perspective has been very helpful and comforting on forming my next steps forward.
Such a beautiful, kind, humble and knowledgeable guide for self improvement, it feels so light after watching this video.
are you still poor?
@@juanshaftpatel7488 umm let me check, nope I am rich by experience and money.
@@juanshaftpatel7488 yup still,😭😭😭
GREATEST 30 MINUTES OF MY LIFE...OMG I HAVE SOO MUCH TO TYPE BUT ILL JUST EXPLAIN IN ONE LINE...THIS SPEECH IS MAGIC!!❤️🇮🇳🙏
Thank you Ray for helping me to see what often is skewed by my own ego and blind spots. I will learn these principles and apply them to my current circumstance and repeat.
Most wealthy people have all formed a very wrong conclusion in thinking that wealth brings with it a feeling of security when just the exact opposite is true. Even Bobby McGee knew that. They keep needing another fix, still empty inside, just like a junky. What a coincidence, the more money one has, the more zeros. Just my understanding....................Falun Dafa
Thank you. So much wisdom, e.g.: "The things we are struggling for are just the bait. Striving to achieve them forces us to evolve…"
I admire Ray that when he achieves success, he took the time to share how he does it so other people can be successful
So much valuable and meaningful principles in this video, Thank you for sharing it to people like us who is just starting the journey of life and I believe it will be really helpful to us.
This video is a gem. I keep coming back to it every few months to align myself when I lose track of things.
Never heard about these principles but always applied them so far in my life :) did mistakes, paid for them and gained even more after. Nice to see that in structured way!
After watching this for a few minutes I’ve bought your book and recommended it to a relative.
This was probably the best CZcams video I’ve ever seen.
agree with you!
same, I can't think of any other video that comes close...
I think I have watched this video about 5 times in the past three years and today it is providing the most clarity to me as the challenges I am facing in work were becoming so unbearable but I realized I manifested these new challenges and I need to look at them as a “puzzle” and if I do not “struggle well” there will be no next level success.
Thank you Ray Dalio and team for your relentless efforts in releasing great content that’s easy to digest and understand as well as engaging and thought provoking!
Back to work I go! 🙏☺️
The wealthy have all formed a very wrong conclusion in thinking that wealth brings with it a feeling of security when just the exact opposite is true. Even Bobby McGee knew that. They keep needing another fix, still empty inside, just like a junky. What a coincidence, the more money one has, the more zeros. Just my understanding....................Falun Dafa
Thank you for creating these videos at a time like this. You are such a generous human to do this. Sharing wisdom and principles helps reground all of us and certainly leaves a wonderful legacy for your family.
The wealthy have all formed a very wrong conclusion in thinking that wealth brings with it a feeling of security when just the exact opposite is true. Even Bobby McGee knew that. They keep needing another fix, still empty inside, just like a junky. What a coincidence, the more money one has, the more zeros. Just my understanding....................Falun Dafa
Fantastic video. Captures the key points in the book really well
The hero of a thousand faces meets the economy. Revealing! Outstanding.
Ray. Your communication can inspire anyone to do well in life. You are graceful in your videos and make everything look achievable. You are truly god gifted.
I really enjoyed this video and the lessons in each section. Giving this kind of information out for free is amazing of you. For that, I want to say thank you.
Ray, I am forever grateful for this gift. Definitely will be replaying and applying all of the lessons to my subconscious 🙏
Principles must be in everyone's book list!
This has become my favorite CZcams channel in two videos 🤩👍🏾 thank you for sharing so much, so well!! No redundancy, no ads, no fluffy opinions, and exceptional illustrations 🙌🏾
This has helped me to get through a very tough time. Thank you for your sharing of your wisdom.
Man this stuff is invaluable...just came back to watch this for a second time, over a year after the first time, and it hits me in a totally different way. Thank you Ray!!!
I love discovering new people/authors that I can learn from. I just recently discovered Ray Dalio, and I really appreciate so much of what he has to say... as well as the fact that he has decided to try to share it. I'm in my early 40's, and these principles resonate very, very strongly with me. The struggle really has become a beautiful thing. I just experienced a failure this week that shook me. It shook me because it hurt my ego and my confidence. Over the past 2 days, I've thought about what I learned and what I will do differently next time. This has rekindled my desire to keep trying and to learn more each day... this in turn renews my confidence this time based on learning and perseverance rather than my ego.... of course I'll repeat this cycle again soon... I can hardly wait!
This message is to recognize your contribution to
the teams success. Your commitment had been
exemplary and your hard working is an inspiration
to everyone around you. You're a professional
These videos are quite simply incredibly. Beautiful animation, phenomenal message, amazing storytelling, and fantastic lessons. They're so moving.
Never get old. Watched over and over again each year/half year. Each time I learn!
Ray, going through your works, makes me think that it's must be really wonderful to be a great life philosopher, a great investor and most importantly, a great person, all at the same time!
watched it again after 5 years or so and i'm still learning something new again, thanks Dalio.
Thank you Ray, I believe all will agree with me that you will never be a failure, your help is invaluable
What a mind opening video! Everyone searching like myself needs to watch this over and over again...I know I will...THANK YOU
THIS SHOULD BE PART OF SCHOOL CURRICULUM.
Hell yeah
ye
💯
Most teachers don't even have their lives together. lol
It should but theres a reason its not. I dont have time to explain at the moment
Priceless ! So much packed wisdom for anyone to internalise, practice, practice !