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Ray Dalio is one of the biggest names in finance

and his personal net worth is approximately $17 billion.

He has grown his company Bridgewater Associates

into one of the biggest hedge funds

on the planet managing over $150 billion under management.

Not only is the fund huge, but it also has huge returns.

For example, in 2008 during the financial crisis,

Dalio's pure alpha fund was up 9.4%

when the rest of the market was down negative 50%.

Although we often talk about Ray Dalio's take

on credit cycles and his ideas

from the economic machine video that he created,

we rarely talk about the principles

that have made Bridgewater and Dalio the person he is today.

So in today's show, we explore the brand new book

that Ray wrote called Principles.

In his new book, Redalio outlines his very own principles

for business and work.

He's teaching you how you can improve your decision-making process

and why you found that 15 uncorrelated bets

...