My guest today is Ray Dalio, Founder, Co-Chairman, and Co-Chief Investment Officer of Bridgewater Associates, the fifth most important private company in the US, according to Fortune magazine. According to Forbes, he is the 69th Richest person in the world, and he has been called the “Steve Jobs of Investing” by Wired magazine, and named one of the top 100 Most Influential People by TIME magazine.
He is also the author of the New York Times #1 bestseller, Principles, which explains and outlines the principles that he lives and works by to create massive amounts of success in his life and business. And now, he’s become an author for the second time with his new book, The Changing World Order: Why Nations Succeed and Fail. This new book explores the economic turbulence that has defined the past as well as explains why the future will be radically different. I know it’s a fascinating read — I recommend picking up a copy!
When Ray started out in his entrepreneurial career in 1975, he didn’t have much besides a two-bedroom apartment in New York and an idea. But now, forty years later, Bridgewater Associates is the largest hedge fund in the world!
But despite building one of the most successful private companies ever, Ray doesn’t see himself as anything special. He fundamentally believes that the principles he’s learned are what set him apart and allow him to achieve such massive success. And now, at this stage of his life, he is ready and excited to pass along his wisdom to anyone willing to listen.
It was such a pleasure to dissect the world’s problems and opportunities with Ray. We had a conversation that really stuck with me, and I think you’ll get a lot out of it too. I loved diving deeper into why pain is the best teacher, how we can use our mindset to achieve great things, why we should always be willing to learn and admit when we’re wrong, and so much more!
If you’re ready to create financial success, develop principles, and understand your purpose, join me on Episode 1,042 with Ray Dalio!
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Lewis Howes is NY Times Bestselling author, entrepreneur, and former professional Arena League football player. He hosts The School of Greatness, a talk show distributed as a podcast. Learn and hear the stories of various successful people around the world, become inspired, motivated and educated with the SCHOOL OF GREATNESS. lewishowes.com/book