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On Purpose with Jay Shetty

Ray Dalio ON: Principles for Making Better Decisions & How to Strengthen Relationships for Long-Term Success

On Purpose with Jay Shetty

iHeartPodcasts

Health & Fitness, Business, Mental Health

4.828.5K Ratings

🗓️ 14 November 2022

⏱️ 94 minutes

🧾️ Download transcript

Summary

Today, I am talking to a returning guest and good friend, Ray Dalio. Ray is the founder and co-chairman of Bridgewater Associates, which, over the last forty years, has become the largest and best performing hedge fund in the world. He is the author of #1 New York Times Bestseller and #1 Amazon Business Book of the Year, Principles. Dalio has appeared on the Time 100 list of the most influential people in the world as well as the Bloomberg Markets list of the 50 most influential people. He lives with his family in Connecticut. Ray genuinely shares the deepness of thoughts and what is his views on passing on your principles to others and picking up theirs and learn from it, the unappreciated value of journaling, knowing the right approach to having better relationships through thoughtful disagreements, the lessons we can learn from history, and the three things that mainly influence us and our society. We also exchange thoughts on asking approval and validation from others, how we react to others out of our emotional state, and how we can be of service to the world.

Transcript

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0:00.0

And the path really to success in my opinion is to be able to align those.

0:05.8

Okay, what am I feeling and then to reflect intellectually?

0:10.5

Is that the right thing if I'm going to?

0:19.4

Hey everyone, welcome back to On Purpose, the number one health podcast in the world,

0:24.1

thanks to each and every single one of you that come back every week to listen,

0:28.1

learn and grow. Now I know you are here because you love learning about new insights, ideas,

0:34.0

principles that can transform your life, things that you can put into practice, ideas that you can

0:39.2

actually take into your life, apply them and see changes in transformation happen.

0:44.8

Today's guest is one of the few guests who's been on not just once, not just twice, but a third time,

0:50.0

I don't think there's more than three guests out of our entire library that have been on as many

0:54.4

times as today's guest. And I couldn't be more excited to talk to him. The first time I spoke to him,

0:59.2

we were speaking about his book, Principles, an incredible book if you haven't read it,

1:03.2

highly recommend that you get it. Next time we spoke, we spoke about a second book,

1:07.1

Changing World Order and the third one, this interview, we're talking about his new journal called

1:11.4

My Principles. I've been flicking through this over the past few days since I've had it and it has

1:17.3

given me so much self awareness that I already believe I have, but the opportunity to reflect on

1:22.4

it again and again consistently makes a huge difference. Of course, I'm talking about the one and only

1:27.2

Ray Dalio Ray. Thank you for being here. Thank you for doing this. Jay is such a pleasure. All of these

1:32.6

times, I love it. Yeah, it's a joy to see you after three years. We did one digital interview. Maybe

1:37.2

even two I think we did in the middle of the pandemic. Maybe this is your fourth time actually.

1:41.2

Maybe I'm completely wrong, but either way, I'm just always grateful to be in your presence. I

1:45.3

learned so much from you. I remember I want to share this because the first time I met you,

...

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