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He made Forbes Worlds Billionaires List in 2024 at No.
124 with a net worth of $15.4 billion.
Although Dalio is a main player in the business world today, he comes fromhumble beginnings.
By 1975, he started Bridgewater.
How did Dalio go from caddie to business mogul?
He defines a successful life as being made up of three things: dreams, reality and determination.
Heres a look at how Dalio has employed those three entities to create hissubstantial wealth.
Dreams
Dalio started investing in the stock market at just 12 years old.
Let him step to the music which he hears, however measured or far away.'
Reality
Though Dalio let himself dream big, he also stressed the importance of feasibility.
The converse is also true: Idealists who are not well grounded in reality create problems, not progress.
Determination
Of course, no dream can be achieved without unending effort.
Dalio stressed in Principles:Life and Work that people cannot let setbacks defeat them.
Like he alluded to, its good advice for business, and for life.
Progress is not made without failure, so determination is essential.
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