Central to all of Dalio’s advice is his guiding principle for personal growth: “Pain plus reflection equals progress.” ...

Good morning. I asked Bridgewater founder Ray Dalio yesterday if he would want a digital twin of his late mother to talk to. He shook his head: “I don’t know how it would affect the grieving process ...

American billionnare Ray Dalio's quote is really a warning against recency bias—the habit of mistaking what has just worked for what will keep working.