Principles by Ray Dalio
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The Biggest Mistake New Graduates Make
Principles by Ray Dalio· 2026-05-15 20:53
Looking back on my and others lives, I came to see that life unfolds in three big phases that are very different from each other. In the first phase, you are learning and you're dependent on others. In the second phase, you are working and others are dependent on you. And in the third phase, which is the phase where I am, you are free from obligations and able to pass along what you've learned. The second phase, which you are about to enter, is more opposite than similar to the first.Rather than being in an ...
Ray Dalio: Long Island University Commencement Speech
Principles by Ray Dalio· 2026-05-15 20:19
For me, who graduated from @LongIslandUniversityLIU 55 years ago, to pass along what I’ve learned over those 55 years to the graduating class of 2026 was a déjà vu joy. If you want to learn in 15 minutes the most important things I’ve learned in the last 55 years, you can listen to my commencement speech here. I hope you find it helpful, and as always, I welcome your questions and thoughts. ...
Why U.S.-China Relations and Ocean Health Matter More Than Ever
Principles by Ray Dalio· 2026-05-14 15:23
There are few things that are more important for the health of the world than the health of U.S.-China relations and the health of our oceans. For over 40 years, I have cared deeply about both, and I was thrilled that OceanX was able to bring together American and Chinese students and early-career scientists on a goodwill mission last month. Watch here to see a little bit of what it was like and the meaningful relationships that came out of it. ...
The Truth About Tarrifs
Principles by Ray Dalio· 2026-05-13 21:30
One of the most common things talked about is something called tariffs. What is your view on tariffs. Is it good economically, bad economically.Is going to solve our budget problem. >> Tariffs are not bad. Throughout history, tariffs were the main source of government revenue and so on.And any form of taxes has its cost. So, capital gains taxes are bad and so on. Um, different things have their costs.How well executed. How big are they. How disruptive are they in terms of the process.There's something to be ...