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The a16z Show

Principles for Work and Life

The a16z Show

a16z

Software Eating The World, Business, Technology, Disruption, Culture, Innovation, Science, Entrepreneurship

4.21.2K Ratings

🗓️ 16 March 2022

⏱️ 50 minutes

🧾️ Download transcript

Summary

In the face of great uncertainty, how do you make decisions? Can you really apply the lessons of the past to the present and the future, to navigate seemingly new situations and get what you want out of business and life? Ray Dalio, co-chief investment office at Bridgewater Associates and author of several books, including "Principles: Life and Work", digs deep into these questions with a16z's Alex Rampell and Sonal Chokshi.

Transcript

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0:00.0

In the face of great uncertainty, how do you make decisions?

0:04.0

How do you develop a prepared mind and a set of principles in advance

0:08.0

that will help you navigate almost any situation?

0:11.0

In this episode from April 2018, Ray Dahlio, the co-chief investment officer of Hedge

0:16.9

Fund Bridgewater Associates and author of several books shares how to develop resilient

0:22.0

frameworks and algorithms for making decisions and business and in life.

0:27.0

Hi everyone, welcome to the A6 and Z podcast, I'm Sonal.

0:31.0

Today's episode is based on a conversation we recorded previously with Ray Dahlio, author of the book

0:35.8

Principles, Life and Work.

0:38.1

The book originated as an internal company document that was posted online years ago and has been shared widely since.

0:44.0

It was expanded and published as a book for a more general audience late last year.

0:48.2

Dahlio is a founder, chairman, and co-chief investment officer of Bridgewater Associates,

0:53.3

one of the top private companies in the US,

0:55.6

which manages over $150 billion and has made more money

0:58.6

for clients than any other hedge fund.

1:00.6

And so also joining them to host this conversation is A6ency General

1:03.9

partner Alex Rampel who covers our FinTech vertical among others.

1:07.7

Together we discuss with Ray many of the themes of the book from the vantage point

1:11.6

of VC and small startups to big company culture to just overall

1:15.4

self-development, which is why this episode is also part of our broader ongoing series on leadership.

1:20.3

You'll hear Alex's voice first, where we begin with the origin story of the

1:25.2

chicken nugget. So I love the book and I told my kids I do this every

...

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