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Ray Dalio : ‘I went broke and had to borrow $4,000 from my dad'
05-12-2019, 06:49 PM.
Post: #1
Ray Dalio : ‘I went broke and had to borrow $4,000 from my dad'
Billionaire Ray Dalio on his big bet that failed: ‘I went broke and had to borrow $4,000 from my dad’

Ray Dalio, Contributor
Published Wed, Dec 4 201911:19 AM EST

Long before I reached success as the founder of Bridgewater Associates, the world’s largest hedge fund today, I faced several failures. But through my struggles, I was able to accumulate hundreds of principles. 

Principles are ways of dealing with reality to get what you want out of life — and they, more than anything else, are responsible for whatever success I’ve had in both my work and personal lives.

In my new book, “Principles for Success,” I share a handful of principles that I live by, but there are three in particular that I believe are especially essential and life-changing:

* Think for yourself while being radically open-minded

* Dreams + Reality + Determination = Successful Life

* Pain + Reflection = Progress

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