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📌 Ray Dalio's Nine Investment Principles (Concise Version)
1⃣ Understand the logic of the 'economic machine'
2⃣ Embrace pain, record lessons
3⃣ Don't be overconfident: the market is smarter than you
4⃣ Analyze your blind spots, not just the market itself
5⃣ Cash is not a safe haven; it is an invisible loss
6⃣ Studying monetary and fiscal policy is more important than candlestick charts
7⃣ All-weather portfolio framework: coping with four economic states
8⃣ Recognize changes in the global landscape
9⃣ Investing ultimately is about self-improvement