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Dalio's Principles: A Philosophical Examination
John Sextro and Micah Baize
30 episodes
4 months ago
A podcast dedicated to a deep dive into Ray Dalio's book "Principles". We examine the book through the lens of philosophy and our experience using the principles.
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Education
Business
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All content for Dalio's Principles: A Philosophical Examination is the property of John Sextro and Micah Baize and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A podcast dedicated to a deep dive into Ray Dalio's book "Principles". We examine the book through the lens of philosophy and our experience using the principles.
Show more...
Education
Business
Episodes (20/30)
Dalio's Principles: A Philosophical Examination
Principle 3.3 - Appreciate the art of thoughtful disagreement

Read this Principle online

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Join us on our subreddit

dailosprinciples

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@MicahBaize

@JohnSextro

Links:

  • Appreciate the art of thoughtful disagreement — Read this Principle online at Principles.com
  • Principles in Action — Principles in Action is a free app that brings to life Ray Dalio’s best-selling book Principles: Life & Work by guiding you through interactive videos of actual cases of these principles in action at his company Bridgewater Associates. And it provides a lot more.
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5 years ago
40 minutes 28 seconds

Dalio's Principles: A Philosophical Examination
Principle 3.2 - Practice Radical Open-mindedness

An examination of Principle 3.2

Philosopher Agnes Callard

The Meno

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Join us on our subreddit

dailosprinciples

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@MicahBaize

@JohnSextro

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5 years ago
47 minutes 7 seconds

Dalio's Principles: A Philosophical Examination
Principle 3.1 - Recognize Your Two Barriers

Principle 3.1 - Recognize Your Two Barriers

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Books mentioned

Wiser: Getting Beyond Groupthink to Make Groups Smarter , by Cass Sunstein

Articles mentioned

"The Will to Believe", by William James

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dailosprinciples

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@MicahBaize

@JohnSextro

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5 years ago
35 minutes 19 seconds

Dalio's Principles: A Philosophical Examination
Principle 2.7 - Understand your own and others' mental maps and humility

Principle 2.7 - Understand your own and others' mental maps and humility

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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dailosprinciples

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@MicahBaize

@JohnSextro

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5 years ago
31 minutes 9 seconds

Dalio's Principles: A Philosophical Examination
Principle 2.6 - Remember weaknesses don't matter if you find solutions

Principle 2.6 - Remember weaknesses don't matter if you find solutions

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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5 years ago
22 minutes 48 seconds

Dalio's Principles: A Philosophical Examination
Principle 2.5 - Push through to completion

Principle 2.5
Push through to completion

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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5 years ago
33 minutes 33 seconds

Dalio's Principles: A Philosophical Examination
Principle 2.4 - Design a plan

Principle 2.4 - Design a plan
a. Go back before you go forward.
b. Think about your problem as a set of outcomes produced by a machine.
c. Remember that there are typically many paths to achieving your goals.
d. Think of you plans as being like a movie script in that you visualize who will do what through time.
e. Write down your plan for everyone to see and to measure your progress against.
f. Recognize that it doesn't take a lot of time to design a good plan.

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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5 years ago
28 minutes 28 seconds

Dalio's Principles: A Philosophical Examination
Principle 2.3 - Diagnose problems to get at their root causes

Principle 2.3 - Diagnose problems to get at their root causes
a. Focus on the "what is" before deciding "what to do about it."
b. Distinguish proximate causes from root causes.
c. Recognize that knowing what someone (including you) is like will tell you what you can expect from them.

"Proximate causes are often verbs and root causes are often adjectives."

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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@MicahBaize

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5 years ago
37 minutes 58 seconds

Dalio's Principles: A Philosophical Examination
Principles 2.2 - Identify and Don't Tolerate Problems

Principles 2.2 - Identify and Don't Tolerate Problems

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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5 years ago
43 minutes 7 seconds

Dalio's Principles: A Philosophical Examination
Principle 2.1 - Have Clear Goals

Have Clear Goals

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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5 years ago
37 minutes 57 seconds

Dalio's Principles: A Philosophical Examination
Principle 2 - Use the 5-Step Process

Principles 2 - Use the 5-Step Process to Get What You Want Out of Life

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Mentioned Links

  • Ray's 5-Step Process Video

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6 years ago
27 minutes 51 seconds

Dalio's Principles: A Philosophical Examination
Principle 1.10 - Look at the Machine from a Higher Level

Look at the Machine from a Higher Level

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Mentioned Links

  • Babushka Doll
  • Holocracy, Brian J. Robertson

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6 years ago
44 minutes 58 seconds

Dalio's Principles: A Philosophical Examination
New Principle: Be Creative and Flexible

LinkedIn Article

  • New Principle: To Have Both the money you need and the job you want, you have to be creative and flexible, https://www.linkedin.com/pulse/have-both-money-you-need-job-want-creative-flexible-ray-dalio/

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Related Links

  • Adam Grant, The Perils of Following Your Passion, https://podcasts.apple.com/us/podcast/the-perils-of-following-your-career-passion/id1346314086?i=1000433418434
  • Cal Newport, How Passions are Developed, https://www.calnewport.com/blog/2009/11/24/are-passions-serendipitously-discovered-or-painstakingly-constructed/
  • LinkedIn, Should You Follow Your Passion, https://www.linkedin.com/feed/news/should-you-follow-your-passion-3990529/
  • Beyond the Professoriate, https://beyondprof.com/

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6 years ago
43 minutes 37 seconds

Dalio's Principles: A Philosophical Examination
Principles 1.9 - Own Your Outcomes

Own Your Outcomes

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

Mentions During the Show

  • Physcology Today - Locus of Control, https://www.psychologytoday.com/us/blog/moments-matter/201708/locus-control
  • CNN - Pope John Paul comforting a man, https://www.cnn.com/2013/11/26/world/europe/pope-francis-disfigured-man/index.html

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6 years ago
31 minutes 58 seconds

Dalio's Principles: A Philosophical Examination
Principle 1.8 - Weigh Second- and Third-Order Consequences

Weigh Second- and Third-Order Consequences

Topics discussed

  • How we've tried to live out this Principle
  • Philisophical considerations of this Principle

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@MicahBaize

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6 years ago
37 minutes 46 seconds

Dalio's Principles: A Philosophical Examination
Principle 1.7 - Pain + Reflection = Progress

Pain + Reflection = Progress

Topics discussed

  • Go to the pain rather than avoid it
  • Embrace Tough Love

Books mentioned:

The Millionaire Next Door , by Thomas J Stanley

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6 years ago
48 minutes

Dalio's Principles: A Philosophical Examination
Principle 1.6 - Understand Nature's Practical Lessons

Understand Nature's Practical Lessons

Topics discussed

  • Maximize your evolution
  • Remember "no pain, no gain"
  • It is a fundamental law of nature that in order to gain strength one has to push one's limits, which is painful.

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6 years ago
43 minutes

Dalio's Principles: A Philosophical Examination
Principle 1.5 - Evolving is Life's Greatest Accomplishment and its Greatest Reward

Evolving is Life's Greatest Accomplishment and its Greatest Reward

Topics discussed

  • The individual's incentives must be aligned with the group's goals.
  • Reality is optimizing for the whole - not for you.
  • Adaptations through rapid trial and error is invaluable.
  • Realize that you are simultaneously everything and nothing - and decide what you want to be.
  • What you will be will depend on the perspective you have.

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6 years ago
54 minutes 57 seconds

Dalio's Principles: A Philosophical Examination
Principle 1.4 - Look to Nature to Learn How Reality Works

Look to Nature to Learn How Reality Works

Topics discussed

  • Understanding nature to understand what we want out of life.
  • How to adapt this principle to your life.
  • General considerations about the questions, "What is the purpose of life?"
  • Leo Tolstoy's views compared to Dalio's views.
  • Objection by Jean-Paul Sarte: Our life doesn’t come “pre-packaged” with a purpose.

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6 years ago
58 minutes 23 seconds

Dalio's Principles: A Philosophical Examination
Principle 1.3 - Be Radically Open Minded and Radically Transparent

Be Radically Open-Minded and Radically Transparent

Topics discussed

  • Benefits of radical truth and transparency
  • Difficulties in being radically truthful and transparent
  • Ways to help you and other being more truthful and transparent
  • Examples of them in our own lives
  • How you can use Twitter to be more open-minded

Books mentioned:

Principles, Ray Dalio

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dailosprinciples

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@MicahBaize

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6 years ago
44 minutes 45 seconds

Dalio's Principles: A Philosophical Examination
A podcast dedicated to a deep dive into Ray Dalio's book "Principles". We examine the book through the lens of philosophy and our experience using the principles.