Dalio, over the course of his five-decade career, has practiced the technique twice a day, once in the morning and once in the evening, for 20 minutes each.
It works because it brings you into your subconscious mind and it gives one an equanimity.
That has helped him cope with the ups and downs of running the world’s largest hedge fund, Bridgewater Associates, the company he founded in 1975, he said. That includes the near-collapse of the business in 1982 when Dalio mistakenly bet on the next financial downturn — a moment he has described as “painfully humbling.”
“It works because it brings you into your subconscious mind and it gives one an equanimity. In other words, a centered-ness, a calm centered-ness in the middle of a storm,” Dalio explained.
The practice also provides an opportunity for creative thinking away from life’s daily distractions, which Dalio said has been vital for his personal development.
“It’s like if you take a hot shower and the ideas come to you,” he said. “That ability to reflect well and to be above those things that you’re operating so you can navigate them well is a real great thing to have.”
Trader Georgi Bozhidarov