CAROLINE: Hello
CAROLINE: Hello. I'm Caroline, and you're listening to the Talks at Google Podcast, where great minds meet. Talks at Google brings the world's most influential thinkers, creators, makers, and doers all to one place. Every episode of this podcast is taken from a video that can be seen at YouTube.com/TalksatGoogle. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. 40 years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth-most important private company in the United States, according to Fortune Magazine. In conversation with Googler Jordan Thibodeau, Dalio discusses his book "Principles," about what he's learned over the course of his remarkable career, arguing that life, management, economics, and investing can all be systemized into rules and understood like machines. [00:01:07] The book's hundreds of practical lessons, which are built around his cornerstones of radical truth and radical transparency, offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they're seeking to achieve. And now, here is Ray Dalio: Principles, Life, and Work. JORDAN THIBODEAU: Thank you for-thank you for being here today. RAY DALIO: I'm at a stage in my life where I'm entering what I call the third stage of my life. I think of life as being--existing in three big stages. The first is that, you know, you're learning from others, you're dependent on others--you're a kid.
[Show full text]