Thursday, June 14, 2012

Bridge over macro water

The link below is to Ray Dalio's Principles which is required reading for all Bridgewater employees.  It lays out his process for problem solving in a step by step method.  I am always impressed at the clarity and conciseness of his penmanship.  Not many folks can make a living betting on the macro picture, and I wouldn't suggest anyone to try it, but at very least, Dalio's approach may be of use to some in drilling down to fully embrace reality, which at its heart, lies in fully embracing and seeking out the truth.

 
Bridgewater Principles by Ray Dalio
This blog is a blend of two things I'm passionate about - music and finance.  These two disciplines are typically considered to be diametrically opposed.  I beg to differ.  Investing is both an art and a science.  Music is both a science and an art.