Ray Dalio

When you think in a principled way everything is simpler. Here’s why. #principles #raydalio #mentor

Sickle cell disease is the most common hereditary blood disease in the US, predominantly impacting Black and Latino Americans, but research into it has been chronically underfunded and there hasn’t been much improvement in decades for those suffering from it. So I’m very proud that NewYork-Presbyterian Dalio Center for Health Justice has launched the Sickle Cell Awareness Ball campaign, introducing a special-edition basketball with a crescent-shaped red panel to represent a sickle cell. I don’t have any trick shots myself, so I’m passing the ball to my friend Coach Spo to join the campaign. You can help us spread awareness by posting your own trick shot with #IBall4SickleCell. You can donate to support research to find a cure at the link in my bio. @New York Presbyterian.

After the US #election the world order is changing, and regardless of what side you are on, it’s changing in interesting ways. From my studying of history over the last 500 years there are 5 big forces that determine these changes. #raydalio #principles #mentor #politics

One principle that I’ve really learned is “Pain + Reflect = Progress.” #principles #raydalio #mentor #investing

Regardless of what side you voted for, it is important to know what is ahead. I believe the new Trump administration will focus on: 1) domestically reform 2) internationally preparing for the possibility of conflict. #principles #raydalio #mentor #geopolitics

I’m worried that the US government debt problem will get so bad that the US will “go broke” and I believe that there are steps we can take to prevent it. I am in the process of completing a comprehensive study about the mechanics of how countries go broke, where the US government is in its Big Debt Cycle, and what policymakers and investors should do about it. The study will be published later this year as a new book: How Countries Go Broke: Principles for Navigating the Big Debt Cycle, Where We Are Headed, and What We Should Do. As with my prior books, I am going to pass along parts of it for free as I am writing, and I'd like to discuss what it says with you and others on social media. You can read Part One at the link in my bio. #raydalio #principles

Here are timeless and universal truths. Knowing your principles gives you great power. What are your principles? #principles #raydalio #mentor #geopolitics