Ray Dalio | The All-In Interview

2246.444 - 2279.169 Ray Dalio

I think a lot of investors make the mistake of thinking, I want to buy good things. That's a great company. But a great company that gets expensive is much worse than a bad company that's really cheap. So you have to look at pricing. This is all part of the cycle. Everybody says that's great and it's going to be great for the future. And like You know, like the Internet and dot com. It was great.