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The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
Life Lessons from a Self-Made Billionaire Ray Dalio
Ray Dalio is the Chairman and Chief Investment Officer of Bridgewater Associates, which is a global macro investment firm and is the world’s largest hedge fund. He is known to have a very practical understanding of economics that is very different from conventional economic thinking and that he spelled out in “How the Economic Machine Works”.
He started Bridgewater in 1975 out of a two-bedroom apartment in New York City and has been a global macro investor for more than 45 years.
Bridgewater Associates has received numerous awards, including over twenty “Manager of the Year” awards from every major financial publication, and Ray has received three “Lifetime Achievement” awards. Additionally, a long list of economic policymakers actively seeks his advice, which prompted Time Magazine in 2012 to name him “One of the 100 Most Influential People in the World”.
Ray is an active philanthropist with a particular interest in oceanographic research and conservation. He is a participant in The Giving Pledge, a commitment to give more than half of his wealth to charity.
Recently he was interviewed at farnamstreetblog.com. Click the link given below to listen to the interview:
Interview with Ray Dalio
B. Entrepreneurial Diary
C. Other Stories
Problem Solving ( JF )
On Note Taking ( FP )
8 Tips For Studying Smarter ( AL )
The Same Side of Two Coin ( BP )
Interview With Anoop Bhaskar ( OB )
Has Value Investing Lost Its Way? ( SS )
Simple Trick To Spot Market Bubbles ( DR )
57 Years Apart – A Boy And a Man Talk About Life ( YT )
The Thrill of Losing Money by Investing in a Manhattan Restaurant ( NY )
“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger
You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”- Carol Dweck