I admire your honesty Ray. You've spent a lot of time earning money...i hope you will put the same amount of effort and energy into your health and personal/spiritual growth. They often go neglected until it's too late.
📌Nice video, love how you take your time to educate your viewers. Right now, I am enjoying a good life and touring round the world with what I made investing. Indeed ,building a Portfolio income(investing) through a licensed investment adviser is one out of many ways to earn passive income.
Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money. Venture into investing some, if you really want financial stability. Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!
@@stanislavatlas7301 Exactly, money is always eager and ready to work for anyone who is ready to employ it. That is why it’s nice to start up an investment now. I have researched about this bitcoin and I found it profitable.
@@alinedjari6521 I have been researching all this while for a digital asset investment and I found bitcoin to be the most profiting of them all , I’m definitely bouncing on the opportunity, thank you so much.
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how and where to invest in these?
@@stephenzouhir351 In situations like this,I always recommend to people on getting guidance at least from someone that understands price action and all that while you strive on improving yourself by watching videos and learning fundamental analysis.
No he likely bought it as company and created a separate entity as an airline to write off all jet expenses as business travel expenses like any other smart business man. He likely hardly has anything in his name.
Here is my question. What would you have done if your dad had not been able to lend you those 4000 bucks that you needed to feed your family? That's what I would like to hear.
I get where you're coming from. However, I do reckon it's a moot point, as whatever the prospective answer from Dalio would/could be to this (which we may never know), the principle still holds up - at least in my eyes (not out of any undying affection for Mr Dalio here, mind you, although I do like his perspectives on certain things). Here's why. The point in question is what you do with your failures, whatever your social/financial standing (or creed), and however it affects you, *to your best ability*. If you already learn well enough from your failures, then congrats, you probably don't need this lesson. However, if you let failure consume you, as I have done personally many, many times, you don't learn whatever lessons may be drawn from it, and thus you open yourself up to failing again, and potentially harder. Mind you, this obviously isn't a guarantee, and the fact that Dalio's Dad paid the bills a few times probably just indicates that he had more of a backup to fall back on when disaster struck. Backups are nice, but not everyone has one, and this is where your question comes from I suppose. I don't mean this as a personal attack or anything by the way. Really, this lesson just resonated with me today, and I feel a bit more empowered to go about my business with some anxiety in tow, so I'm happy about that. Just wanted to see if this could help clarify, for what it's worth.
@@RegularOlSammy Thanks. That's a lot of words that I take the liberty of summarizing as "he would have asked for and have gotten a loan from his bank or from a friend or an aunt". (Richard Branson had a loan from his aunt, btw. I think it was for the record shop that he started. What strikes me is that they see this as natural. I'm seriously interested in what PRACTICAL solutions they would have come up with if they had no access to family cash. Out of curiosity. And to see how differently or similarly they think.)
Ray your advice is invaluable! Thank you!
Keep it up, Ray, you are a big help for me!!
Love from Portugal 🇵🇹👍.
Raymond, thanks for these confirmation! 🙏
I admire your honesty Ray. You've spent a lot of time earning money...i hope you will put the same amount of effort and energy into your health and personal/spiritual growth. They often go neglected until it's too late.
Thanks ray for your humbleness 😊
I love you very much for your wisdom Mr. Dalio, thank you
Failure is the best teacher 🔥
Sir its a great experience to listen your thoughts towards progress that come from pain.
Great advice!
I needed this. I have subscribed and I will as if think that you are my mentor. I appreciate you Sir. Thank you!
Greatfull the idea of puzzle Thanks Mr Dalio
THANKS Mr. Dalio.
experience is priceless
The way you see failures makes all the difference ❤🦉🍀
📌Nice video, love how you take your time to educate your viewers. Right now, I am enjoying a good life and touring round the world with what I made investing. Indeed ,building a Portfolio income(investing) through a licensed investment adviser is one out of many ways to earn passive income.
Do what everybody else is doing if you are okay with only having what everybody else has.Information that will pay you everyday, you've got to stop saving all your money.
Venture into investing some, if you really want financial stability.
Choose to grow and elevate your mind by studying audios, videos, attending conferences that will give you the edge!
@@stanislavatlas7301 Exactly, money is always eager and ready to work for anyone who is ready to employ it. That is why it’s nice to start up an investment now. I have researched about this bitcoin and I found it profitable.
@@alinedjari6521 I have been researching all this while for a digital asset investment and I found bitcoin to be the most profiting of them all , I’m definitely bouncing on the opportunity, thank you so much.
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how and where to invest in these?
@@stephenzouhir351 In situations like this,I always recommend to people on getting guidance at least from someone that understands price action and all that while you strive on improving yourself by watching videos and learning fundamental analysis.
powerful
Where can i watch this full interview?
😘😘😘
Ray should be president.... I think he would do a better job than any previous US president
Ray, did you ever buy a personal jet plane?
No he likely bought it as company and created a separate entity as an airline to write off all jet expenses as business travel expenses like any other smart business man. He likely hardly has anything in his name.
I can accept my failure if I did it or caused by myself...but if it's because of someone else or they were 100% concious did it I can't accept it.
first.
I second that.
🤮😱🤮
Here is my question. What would you have done if your dad had not been able to lend you those 4000 bucks that you needed to feed your family? That's what I would like to hear.
I get where you're coming from. However, I do reckon it's a moot point, as whatever the prospective answer from Dalio would/could be to this (which we may never know), the principle still holds up - at least in my eyes (not out of any undying affection for Mr Dalio here, mind you, although I do like his perspectives on certain things). Here's why.
The point in question is what you do with your failures, whatever your social/financial standing (or creed), and however it affects you, *to your best ability*. If you already learn well enough from your failures, then congrats, you probably don't need this lesson. However, if you let failure consume you, as I have done personally many, many times, you don't learn whatever lessons may be drawn from it, and thus you open yourself up to failing again, and potentially harder. Mind you, this obviously isn't a guarantee, and the fact that Dalio's Dad paid the bills a few times probably just indicates that he had more of a backup to fall back on when disaster struck. Backups are nice, but not everyone has one, and this is where your question comes from I suppose.
I don't mean this as a personal attack or anything by the way. Really, this lesson just resonated with me today, and I feel a bit more empowered to go about my business with some anxiety in tow, so I'm happy about that. Just wanted to see if this could help clarify, for what it's worth.
He wouldnt have Bridgewater today, probably.
@@RegularOlSammy Thanks. That's a lot of words that I take the liberty of summarizing as "he would have asked for and have gotten a loan from his bank or from a friend or an aunt". (Richard Branson had a loan from his aunt, btw. I think it was for the record shop that he started. What strikes me is that they see this as natural. I'm seriously interested in what PRACTICAL solutions they would have come up with if they had no access to family cash. Out of curiosity. And to see how differently or similarly they think.)