Wealth vs. Money
Principles by Ray Dalio·2026-04-06 14:31
One of the challenges is that wealth is become so much bigger than money. People don't pay attention to this. Wealth is not money.Okay. Wealth is um is it it's valued at something. Somebody starts startup and they um have a unicorn.They sell a little bit of shares and raise a little bit of money, but they value it at a billion dollars and then they're a billionaire and then the the world accounts for billions. There's roughly 850% of wealth relative to money. But wealth isn't worth anything unless you can c ...