Ray Dalio Lost Everything At 30 Years Old

Before Ray Dalio built the world's largest hedge fund, he was about 30 years old, and he had lost everything on one bad investment. 

He tried to bet against markets. He tried to predict a crash after a sweeping banking crisis. But the crash never happened.

At the time, he had 8 people working for him. He had to let them all go. He lost money for himself and his clients. It was so bad he had to borrow $4,000 from his dad.

Why are we sharing this? Because everyone loses at some point. The only difference is who learns from the mistakes and never repeats them.

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