Mistakes and failures matter more than success

2026-03-30

If I could give my younger self one piece of advice, it would be this: Your capacity to learn is far greater than your current knowledge.

Many people let the need to be "smart" get in the way of open-mindedness. But if you can view life as an adventure and approach disagreement with curiosity instead of anger, you’ll find yourself evolving to higher and higher levels.

#principles #raydalio #advice #20s #30s

2026-03-24

After studying over 500 years of history, I’ve found there are really only three things you need to do to build a healthy society.

First, educate your young people well—not just to be capable, but to be civil. If you have capable, civil people in a productive society, that’s a big part of the battle. Second, the finances must be sound: earn more than you spend and have more assets than liabilities. And third, don’t get into a war—internally or externally.

If you can do those three things, you can have a prosperous, self-reinforcing society. #principles #us #society

2026-03-12

I’m at a stage in my life in which I want to pass along the investment and economic principles I’ve learned. That’s why I created the Dalio Market Principles Online program, in partnership with @wealthmanagementinstitute .

This online program is a collaborative experience. In it, you will be part of a community dedicated to understanding the patterns of history and applying market principles to them. And you’ll be able to stress test your thinking across different environments and time periods all while learning my fundamental principles about how the markets work and having a chance to come up with your own principles.

I believe that the times ahead will be radically different from those we have experienced in our lifetimes, though similar to many times in history. This program will

2026-02-11

The changes in the US over the last decade — rising inequality, massive deficits, and a shifting global outlook — are not isolated events. They are all interconnected and part of a dynamic that has occurred many times before for largely the same reasons.

Understanding the mechanics at play matters far more than reacting to any short-term noise.

Studying these patterns can help you understand why populism of the right and the left is rising around the world, and why so many find it difficult to resolve their seemingly irreconcilable differences.

At least, that’s how I see it. I’m curious to hear if you agree.

2026-02-10

All empires since the Dutch have used capitalism to create a virtuous cycle that leads to an empire’s demise.What happens when an empire can no longer borrow the money necessary to repay its debts? History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:

1) The empire can no longer borrow the money to repay its debts
2) It prints a lot of new money, which devalues the currency and raises inflation
3) Living standards decline, leading to the rise of political extremism
4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources
5) Populist leaders emerge pledging to take control and bring about order

Ultimately, this failure to control the anarchy is when

2026-01-23

We need to talk about money — what it is, how it works, and what its value is.

When it comes to gold, some people view it as a commodity to speculate on. But it’s so much more than that. It’s the second largest reserve currency in the world. And it’s an important hedge against risks to fiat currencies.

2026-01-07

What has always mattered most to me is getting as close to the truth as possible. You can’t make good decisions without good facts, and you can’t get good facts without being radically open-minded and willing to look at reality as it really is—not as you wish it to be.

In this conversation, I talk about why grounding your thinking in evidence, clear principles, and honest reflection is the foundation for meaningful work and meaningful relationships. When you let the facts speak louder than your ego, you make better choices, build better teams, and create better outcomes.

The world is constantly changing. The only way to keep up is to learn, evolve, and stay anchored in truth. That’s been my approach for decades—and it’s more important now than ever. @BloombergPodcasts

2025-11-29

Trying to figure out your holiday gift giving this year? I have a great suggestion for you.

There are organizations like @TisBestCards and @donorschooseorg that will give a donation to your recipient’s favorite charity, on your behalf.

I think gifts like these are more in keeping with what the holiday season is really about, so I wanted to pass it along. #redefinegifting