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My Biggest Failure Became My Strength
Principles by Ray Dalio· 2025-08-20 15:42
difficulties and failures are great teachers. One principle that I've really learned is pain plus reflection equals progress. I've learned that there are lessons and and difficulties and failures are great teachers.What painful experiences have you been through that have led to your progress in life. I'd like to tell you about one that really stuck in my mind and changed me in a really beneficial way, but it was painful. 1980 and 81, long time ago, um I had calculated that American banks had lent to foreign ...
Mo Ibrahim on Financing in Africa, Telecoms, Sudan War
Bloomberg Television· 2025-06-29 05:00
Welcome back to Next Africa. I'm Jennifer's ambassador in Johannesburg. Ever since joining Bill Gates and Warren Buffett's Giving Pledge in 2007, Sudanese born billionaire and former tech mogul Mo Ibrahim has dedicated his time to his foundation, focused on encouraging better governance in Africa.This year's annual Ibrahim Governance Weekend brought together heads of state and business leaders to explore carving a more self-reliant way ahead for the continent. I sat down with Mo in a wide ranging discussion ...
The Mechanics of the Big Cycle
Principles by Ray Dalio· 2025-06-09 17:59
There are orders, you know, there's a monetary order, there's a domestic, political, social order. Um there's a global world and they go through tend to go through a cycle um in which they break down and you have new orders. So a good example would be let's say 1945, we have a new monetary order, we have a new uh all those orders.Um, and then when they break down, um, you wipe out a lot and you have a new beginning and everybody remembers the trauma of the past and then there's the building up of credit, th ...