Show Notes

[00:00:01] - Whatever success I've had in life has had more to do with my knowing how to deal with my not knowing than anything I know

[00:05:35] - Ray's first principle and why

[00:08:07] - Ray's key to success

[00:09:27] - The similarities between investors and entrepreneurs

[00:13:05] - Shift your mindset from I know I am right to How do I know I am right?

[00:14:09] - Systemize your decision making

[00:17:30] - Ray on his life story

[00:19:50] - The quality of your decisions determine the quality of your life

[00:21:45] - Like a lot of Founders, Ray was bad at school

[00:22:45] - More about his personality: stubborn and determined + his first jobs

[00:24:28] - Hungry for knowledge he could actually use

[00:25:03] - Terrible is better than mediocre

[00:25:30] - What we think to be true that is not: The future is a slightly modified version of the present

[00:26:30] - Steve Jobs

[00:28:02] - A pivotal lesson for Ray: The same things happen over and over again

[00:32:33] - The founding of Bridgewater

[00:35:15] - The humble beginning of Bridgewater

[00:36:06] - If you know your business A to Z there is no problem you can't solve – Sam Zemurray

[00:38:00] - Watching the richest man in the world go broke

[00:40:30] - Ray loses everything and has to start all over again

[00:45:10] - Successful people change in ways that allow them to continue to take advantage of their strengths while compensating for their weaknesses and unsuccessful people don't

[00:47:35] - The new Bridgewater: Systematizing his decision making process

[00:48:11] - Developing more products and out teaching his competition

[00:53:30] - The results of systematized thinking guided by principles that are written down and adhered to

Counterintuitive thoughts on public success [55:19]

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