Dalio's Principles: A Philosophical Examination John Sextro and Micah Baize

An introduction to the podcast and our comments on the Introduction chapter to the book.

Topics discussed:

Who is Ray Dalio?
What are his credentials for writing a book on how to improve your chance at success?
Ray's ideas of "Radical Truth" and "Radical Transparency"
Whether's Ray's principles are one-size-fits-all, or whether they will be different for different people?
Ray's role in making McDonald's Chicken McNuggets possible

Ray's suggestion to think for yourself:

What do you want?
What is true?
What are you going to do about it?



Books mentioned:

Principles, Ray Dalio


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Topics discussed:

Ray's childhood
What motivates Ray in life and business
His first investment - bad, but successful!
His risk-taking nature
Ray's seemingly false claim that "For me, great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor."


*
Note to Parents *
We discuss the existence of Santa Claus and the myth that you have to be good in school to be successful.



Books mentioned:

Principles, Ray Dalio


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Crossing the Threshold

Books mentioned:

Principles, Ray Dalio

A Theory of Justice, John Rawls

Nicomachean Ethics, Aristotle


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My Abyss

Books mentioned:

Principles, Ray Dalio


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My Road of Trials

Books mentioned:

Principles, Ray Dalio

The Groundwork of the Metaphysics of Morals, Immanuel Kant


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Returning the Boon

Books mentioned:

Principles, Ray Dalio

Steve Jobs, Walter Isaacson

The Hero with a Thousand Faces, Joseph Campbell

Article link: Famine, Affluence, and Morality, Peter Singer


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