Ray Dalio - Success is a 5 Step Process

In this video, Ray Dalio shares his five-step formula for success. He emphasizes the importance of setting audacious goals, noticing and addressing mistakes, understanding the root cause of those mistakes, fixing them, and persevering. Dalio credits this approach for his success in his hedge fund, which he founded in 1975. Despite a risky move in the early 80s, his company navigated an 18-year-bull run successfully. Dalio's new book delves deeper into this strategy for achieving success.

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