MemCast
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Writing down the purpose of each decision reduces bias
  • Before acting, Ray asks himself “Why am I making this decision?” and records the answer, forcing clarity.
  • This step surfaces hidden motivations, such as herd behavior or over‑confidence, before capital is committed.
  • The written rationale becomes a reference point for post‑trade analysis, allowing objective assessment of whether the original thesis held.
  • Over time, this habit builds a personal decision‑audit trail that improves future judgment.
Ray DalioWTF is Finance00:06:19

Supporting quotes

मैं तब सोचता था, "मैं यह फ़ैसला क्यों ले रहा हूँ?" Ray Dalio
Questioning motives
जब आप पोज़ीशन को लेकर जूझते हैं… आपको लगता है, "क्या मैं ध्यान नहीं दे रहा?" Ray Dalio
Self‑check during a trade

From this concept

Rule‑Based Decision Framework

Ray’s systematic approach to investing hinges on explicit rules, cause‑and‑effect analysis, and a disciplined feedback loop. By separating emotion from logic, he creates a repeatable process that can be scaled across markets. The framework also emphasizes understanding the causal chain behind every trade.

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