Uncorrelated bets

The success of this approach taught me a principle that I apply to all parts of my life: Making a handful of good uncorrelated bets that are balanced and leveraged well is the surest way of having a lot of upside without being exposed to unacceptable downside.

— Principles: Life and Work (Ray Dalio), Loc. 976-77

••• Principles: Life and Work Ray Dalio Kindle Quotes Books

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