Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.
RAY DALIOThere are far more good answers “out there” than there are in you.
More Ray Dalio Quotes
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Meditation, more than any other factor, has been the reason for what success I’ve had.
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If you don’t own Gold, you know neither history nor economics.
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What matters most is that the people you work with share your values.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.
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Watch out for people who think it’s embarrassing not to know.
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
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It all comes down to interest rates. As an investor, all you’re doing is putting up a lump-sump payment for a future cash flow.
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There are far more good answers “out there” than there are in you.
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I think so many people are reactive… they see things in a short term way they’re right up against it.
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Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
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The main reason I write the daily observations is because I want to know where I’m wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
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People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
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When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation’s lower than expected, bonds go up.
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I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
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