Ray Dalio: the single biggest portfolio flaw keeping you poor

Ray Dalio, founder of Bridgewater Associates, shares his core investing principles, including the "Holy Grail" of 15 uncorrelated return streams and building timeless decision rules. He also delves into his broader life philosophy, emphasizing the importance of understanding one's nature through personality tests, learning from pain through reflection and meditation, and recognizing five major global forces that shape history and markets. Dalio discusses his "bubble gauge" for market timing and his personal definition of success centered on meaningful work and relationships rather than pure monetary accumulation.