ray dalio

Ep 560: Knowing How to React

Author Ray Dalio is the founder and co-chairman of Bridgewater Associates, which has become the largest and best-performing hedge fund in the world. In Episode 560 of The Traders Podcast, your hosts Rob Booker and the producer Jason Pyles discuss Palio’s book, “Principles: Life and Work.”

Rob says what was most important in building his company wasn’t knowing the future; it was knowing how to react appropriately to the information available at the time. We traders often become obsessed with a desire to know the future and with being right. Join us for this episode, and let’s explore these principles together.

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Episode 283: Don’t Ever Listen to Anybody Unless You Can Back Up Their Performance

In Episode 283 of The Traders Podcast, you’ll hear your host, Rob Booker, respond to a post he saw on Facebook that drove him bananas… Rob talks about the problems with promoting articles written by someone whose trading performance you can’t see. He quotes Ray Dalio who says you should never listen to anybody unless you can back up their performance. This is all a prelude to Rob’s vehement disagreement with most of Mark Douglas’s Top 10 Trading Errors. It’s a spirited, good time. Leave us a comment; let us know your thoughts. Thanks for listening.

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