| Q. What is productivity and how does it differ from income? A. Productivity is the production of goods and services per man hour. The more you produce of real stuff, the better the living standard is. #principles #raydalio #productivity #shorts |
Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
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