Dalio's Principles: A Philosophical Examination

Dalio's Principles: A Philosophical Examination

By John Sextro and Micah BaizeBusinessEducation
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Dalio's Principles: A Philosophical Examination episodes

  • Principle 1 - Embrace Reality and Deal with It

    Embrace Reality and Deal with It

    Topics discussed:
    • How solving a problem in life produces a "gem"
    • What it means to have your emotions reconciled with logic
    • What it means to be a "hyperrealist"
    • Debate about Ray's claim that what success is for each person depends on their "deepseated needs"
    • Whether you can disagree with Ray's views about what our goals in life should be and still use most of his principles
    • How radical open-mindedness and radical transparency improve your chance of success
    • Whether the ideals of radical truth and radical transparency are universally true, or context-dependent
    • Books mentioned:

      Principles, Ray Dalio

      A Treatise of Human Nature, David Hume

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      @MicahBaize

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      49 min
    • Chapter 8 - "Looking Back from a Higher Level"

      Looking Back from a Higher Level

      Topics discussed:
      • Why Socrates liked talking to people of old age
      • Ways in which Ray's view of life is similar to and/or different from Stoicism, Hedonism, Pessimism
      • Stoicism: the good life is one in accordance with the rational order of things
      • Hedonism: the good life is the maximization of happiness. Happiness is pleasure and the absence of pain.
      • Pessimism: life isn't good. Life is the continual strive to satisfy desires but then when we do we're left unhappy.
        • Pessimism as exemplified in Miley Cyrus's song "The Climb"
        • Ray's claims that being rich and famous are only minimally beneficial in living the good life, and frequently detract from it
        • Podcasts mentioned:

          "Bottom of the Curve"
          , Hi-Phi Nation podcast episode on the mid-life crisis and telic vs atelic desires

          Books mentioned:

          Principles, Ray Dalio

          Republic, Plato (Translated by Allen Bloom)

          Man's Search for Meaning, Viktor Frankl

          Essays and Aphorisms, Arthur Schopenhauer
          (Includes the article "On the Vanity of Existence")

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          @JohnSextro

          44 min
        • Chapter 6 - "Returning the Boon"

          Returning the Boon

          Books mentioned:

          Principles, Ray Dalio

          Steve Jobs, Walter Isaacson

          The Hero with a Thousand Faces, Joseph Campbell

          Article link: Famine, Affluence, and Morality, Peter Singer

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          @MicahBaize

          @JohnSextro

          44 min
        • Chapter 5 - "The Ultimate Boon"

          The Ultimate Boon

          Books mentioned:

          Principles, Ray Dalio

          Please Understand Me II, Prometheus Nemesis Book Co

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          45 min
        • Chapter 4 - "My Road of Trials"

          My Road of Trials

          Books mentioned:

          Principles, Ray Dalio

          The Groundwork of the Metaphysics of Morals, Immanuel Kant

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          @MicahBaize

          @JohnSextro

          48 min
        • Chapter 3 - "My Abyss"

          My Abyss

          Books mentioned:

          Principles, Ray Dalio

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          1 hr 3 min
        • Chapter 2 - "Crossing the Threshold"

          Crossing the Threshold

          Books mentioned:

          Principles, Ray Dalio

          A Theory of Justice, John Rawls

          Nicomachean Ethics, Aristotle

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          49 min
        • Chapter 1 - "My Call To Adventure"
          Topics discussed:
          • Ray's childhood
          • What motivates Ray in life and business
          • His first investment - bad, but successful!
          • His risk-taking nature
          • Ray's seemingly false claim that "For me, great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor."
          • *
            Note to Parents *

            We discuss the existence of Santa Claus and the myth that you have to be good in school to be successful.

            Books mentioned:

            Principles, Ray Dalio

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            @MicahBaize

            @JohnSextro

            40 min
          • The Introduction

            An introduction to the podcast and our comments on the Introduction chapter to the book.

            Topics discussed:
            • Who is Ray Dalio?
            • What are his credentials for writing a book on how to improve your chance at success?
            • Ray's ideas of "Radical Truth" and "Radical Transparency"
            • Whether's Ray's principles are one-size-fits-all, or whether they will be different for different people?
            • Ray's role in making McDonald's Chicken McNuggets possible
            • Ray's suggestion to think for yourself:
              • What do you want?
              • What is true?
              • What are you going to do about it?
              • Books mentioned:

                Principles, Ray Dalio

                Join us on our subreddit

                dailosprinciples

                Follow us on Twitter

                @MicahBaize

                @JohnSextro

                31 min

              About Dalio's Principles: A Philosophical Examination

              From the publisher's feed

              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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