yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Elliot Choy asks Ray Dalio about his early goals


2m read
·Nov 8, 2024

Was was that first step for you? Do you recall kind of some of your early goals? Was it simply to find some level of success, some level of security? Do you remember what those first steps were for you?

Well, it was, um, it was more a passion, you know? Like, I liked this thing and I didn't like the other things, and I would pursue what I liked. In my particular case, I happened to like the markets, so I got hooked on the markets. It happened to be a game, think of it like almost a video game. I got used to that, and then it takes me, like a video game does, it took me through all the adventures.

This is what life is like: you pursue a path that there's a passion or something in which you have a certain nature. Everyone has a certain nature, and that nature creates a pull, and you're in search of your path and your pull. So, I had my nature that gave me my pull. I found a direction, and it's not like there's just one direction. There are multiple directions that would work, but many that also, you know, wouldn't work.

It's a function in nature. I had the pull in that direction, and then think of it as a journey. You know, you overcome, you go through jungles, you cross rivers, and you have all sorts of obstacles and so on. Along the way, you have those encounters and those learnings. That was what it felt like for me.

As I did that, though, it was the excitement of that journey, that pull, and I liked to overcome the obstacles. I dealt with the ups and downs and so on. It was never that I pursued a goal to make a lot of money, though at various stages, it was very important that I could take care of my family. Money matters. Money didn't matter and all, but by and large, it was that pull driven by my nature and my encounters.

Then getting excellent, better at it each time and becoming more and more excellent. Then I find myself in the position I find myself in.

More Articles

View All
I'm moving back to California. I'm done.
Hey guys, so this is definitely not the video I was planning to make, and it’s certainly not a video I want to make, but I think I owe you complete transparency to tell you what happened and why I’m back in California. First of all, you probably already …
Evaluating quotient of fractional exponents | Mathematics I | High School Math | Khan Academy
Let’s see if we can figure out what 256 to the 47th power divided by 2 to the 47th power is, and like always, pause the video and see if you can figure this out. All right, let’s work through this together. At first, you might find this kind of daunting,…
The Ripple Effect – Ep. 3 | National Geographic Presents: IMPACT With Gal Gadot
GAL: “People aren’t statistics.” 19-year-old Arianna said this when she lived through one of the worst natural disasters in Puerto Rico’s history, leaving her friends, family and neighbors without access to clean water. Seeing how deeply real lives have …
Fractions in context
In this video, we’re going to think about how fractions can be used to represent things in the real world. So, here we’re told that on the sharks dive team, there are three divers. In third grade, there are eight total divers on the team. What fraction of…
There Is No Settled Mathematics
There are two other scientific thinkers that I like who are unrelated to David Deutsch but come to very similar conclusions. One is Nasim Taleb, who’s popularized the idea of the black swan, which is that no number of white swans disproves the existence o…
Ray Dalio & Bill Belichick on Going from Nothing to Something Big: Part 2
And then communicating well, because when I went from the 67 who knew me and knew where I was coming from, and then I had to go to another level, how was I going to keep that same communication, that same idea of meritocracy? That’s why I started to write…