"For me it meant taking less risk meaning,having a less great life
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The notable principles from the video of the famous billionaire Ray Dalio
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No matter how much money you have, there is a risk of social comparison. It can cause people with money to do less than they could.
Instead, it would help if you asked what meaning a life of wealth should have. Our responsibility and opportunity are to make the world a better place.
The question of meaning of life is more interesting that the answer. The answer basically is "because".
We don't have a set meaning programmed, we are dynamic. Life is meant to be lived. And how you live yours is … personal.
My belief is that because the system is now more stable, we’ll make it less stable through more leverage, more risk taking.
MYRON SCHOLES
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