Ray Dalio Says This Tactic Helped him Go from ‘Hardly Any Money’ to Successful Billionaire

Ray Dalio Says This Tactic Helped him Go from ‘Hardly Any Money’ to Successful Billionaire (CNBC)
Billionaire Ray Dalio runs one of the world’s largest hedge funds – Bridgewater Associates, which manages about $150 billion in global investments. Dalio, who is worth $18.7 billion, according to Forbes, said Tuesday that one of the most important strategies he used to go from having “hardly any money” to rich and successful was taking into account the opinions of smart people who disagree with him. Dalio first Tweeted on Nov. 14 that one of his principles in business is to listen to and asks questions of experts, because doing so raises his “probability of being right.”

 

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Good power points...………………………………………………………………………………………………….

 

great advice. next stop 18.7 billion for me. thanks ray

 

OK, from now on I listen to @dealmaker, @murray t turtle and @remoteControl.

First question I ask: What should I buy?

 

@ironchef plastics

 

Thanks, on to my next stop following your footsteps: $18.7b.

 

@ironchef nevermind, now i'm short

 

I think this is public news now, but he used this to solve a problem when he was sick and it was made into a case study for Bridgewater. If it's not public, then pls delete k thx.

 

This is truly a lost art. Most people are happy inside their own echo chambers.

 

Ray Dalio attributes TM to be at the core of his success, his tactics/principals came from this.