Page 77 - Ray Dalio - Principles
P. 77

3 By “return streams,” I mean the returns that come from executing a particular
                       decision  rule—think  of  them  as  lines  on  a  chart  that  track  the  value  of  an
                       investment through time, and the decision to either let it continue to grow in value
                       or sell.
                       4 This approach is what I call the “5-Step Process.” I’ll dive into it in more detail
                       later on.
                       5 I’ll explore more on the topic of working with computer-aided decision-making
                       systems  in  Chapter  Five  of  Life  Principles,  Learn  How  to  Make  Decisions
                       Effectively.

                       6 With  advances  in  digital  technology,  we  continue  to  innovate  our  methods  for
                       recording and distributing this content.
                       7 You can find the references to books by Robert Kegan, Edward Hess, and Adam
                       Grant in the bibliography.
                       8 Treasury secretary Hank Paulson’s moves, especially putting government money
                       into systemically important banks, were also crucial.
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