Ray Dalio is guided by gratitude: Why CEOs need to find their codifying principles | Fortune
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Ray Dalio is guided by gratitude: Why CEOs need to find their codifying principles | Fortune
"I asked Bridgewater founder Ray Dalio yesterday if he would want a digital twin of his late mother to talk to. He shook his head: "I don't know how it would affect the grieving process or my memory of her. I just don't know." We had just come off stage at the Fortune Global Forum in Riyadh after a wide-ranging conversation about investing, the global economy and the principals behind how he's building a " Digital Ray.""
"These past two days have reinforced for me the importance of codifying principles and creating a road map to achieve them. The clarity and ambition of Saudi Arabia's Vision 2030 plan is evident in the rapid development of Riyadh. As Saudi investment minister, H.E. Khalid A. Al-Falih, put it: "We're not simply waiting for the future to arrive. We're building it today, not alone, but together with our global partners.""
The Fortune Global Forum in Riyadh featured conversations about AI, investing and national development. Ray Dalio expressed uncertainty about creating a digital twin of his late mother and reflected on how grief shaped his guiding principle of gratitude. Dalio links codified principles to Bridgewater's investment playbook and to projects such as a "Digital Ray." Saudi Arabia's Vision 2030 is driving rapid development in Riyadh, and Investment Minister Khalid A. Al-Falih emphasized collaborative, proactive building of the future. Amazon reportedly will cut 30,000 jobs, markets were mostly down, and leaders including Rachel Reeves and María Corina Machado raised policy visions.
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