Quote · My First Million
Ray Dalio: The principles that made me a billionaire
Where this was said
What's the money for anyway?
At 26:13 · chapter starts 23:30
Sam reads aloud a Dalio quote about the tension between an intense, achievement-driven life and a relaxed, savoring life — and asks Dalio to square that with having made $20 billion. Dalio's answer is disarming: there's no correlation between the amount of money you make and your level of happiness. Money has no intrinsic value. It is only useful insofar as it serves a purpose you can name. What does the money actually get you? Better friends? A better marriage? A better relationship with your kids? If you can't answer that question, you're working for an abstraction [1] — Ray Dalio "What's the top? You work your ass off to get a lot of money? Okay, just think about that. Is that it? What's the money for? Money doesn't h…" 25:42 . His definition of success lands cleanly: it's knowing your nature and finding the path through life that matches it, so you can look back and say 'that was the life I wanted.' Not the richest life. Not the most impressive life. The right life for your nature.
