Ray Dalio: 5 steps to achieve success in life

Credit: Finance Jane

Ray Dalio is regarded as one of the greatest innovators in the finance world.

He is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, since 1985.

According to CNBC, Dalio is a finance legend who’s been called “the Steve Jobs of investing” because of his tough but innovative management style.

Dalio is famous for his principles in life and work. In his books, he shares what he’s learned over the course of his remarkable career.

He suggests that life, management, economics, and investing can all be systemized into rules and understood like machines.

For example, to create an outstanding company culture, you need to follow six basic principles.

In this video, Dalio talks about how to achieve success in life. He suggests 5 principles or 5 steps people need to take to be successful.

Source: Finance Jane