Ray Dalio's 12 investment lessons

1: Don't judge by emotion, judge by reason
2: You don't know what's going to happen, so disperse
3: Be patient and wait for the right time
4: No one can predict the future with certainty
5: Don't mistake yourself for being a genius in a bull market
6: It's important to stick to your strategy, but it's just as important to change your strategy according to the situation
7: The biggest mistake investors make is believing that what happened recently will continue in the future
8: Don't just focus on making money
9: If you don't fail, you won't be able to push your limits. If you haven't pushed your limits, you won't be able to maximize your potential
10: A strong market is not an attractive market. It's an expensive market.
11: You don't need a high IQ to invest. You must have a temperament to control your impulses
12: Cash is trash