Invest Like Dalio

Principles For All Weather

De: TJ Goodlife

Narrado por: Virtual Voice

Amazon Book Description

The caddy who lost everything in 1982—then built the world's most successful investment firm by writing down every mistake.
Ray Dalio had it all figured out. At thirty-two, he was running his own investment firm and confidently predicting that the American economy would collapse. He was so sure that he bet everything on it.
He was spectacularly wrong.
The prediction that was supposed to make Dalio famous instead destroyed him. He lost all his clients' money, fired all his employees, and borrowed $4,000 from his father to pay the bills. His wife worried they'd lose their house.
But from that humiliating failure, Dalio did something revolutionary: he wrote down exactly what went wrong. He created a process-driven approach to investing that would eventually manage $160 billion and become the world's largest hedge fund.
In this gripping narrative, you'll discover:

• How Dalio's 1982 disaster taught him to document every decision and learn from mistakes
• Why did he create the "All Weather Portfolio" that works in any economic environment
• How his Principles transformed Bridgewater into a $160 billion powerhouse
• The radical transparency system that makes better decisions through disagreement
• Why meditation became the secret weapon behind his analytical clarity
• The controversies and limitations that tested his approach
• How regular investors can apply systematic thinking to their portfolios

Perfect for investors who want to learn from someone who failed spectacularly before succeeding extraordinarily.
Written with no jargon or complex formulas—just powerful stories and structured principles about learning from mistakes and building strategies that work in all environments.
This eBook is part of the bestselling "Invest Like" series—learn from history's greatest investors through compelling storytelling.