I notice a difference from the moment I meditate.
RAY DALIOThat’s what I mean by radical truth. I mean accepting reality.
More Ray Dalio Quotes
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People who worry about looking good typically hide what they don’t know and hide their weaknesses, so they never learn how to properly deal with them and these weaknesses remain impediments in the future.
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You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
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It is a law of nature that you must do difficult things to gain strength and power. As with working out, after a while you make the connection between doing difficult things and the benefits you get from doing them, and you come to look forward to doing these difficult things.
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If you don’t own Gold, you know neither history nor economics.
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Don’t worry about looking good – worry about achieving your goals.
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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Everyone has to decide for themselves what works for them and their organization.
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That’s what I mean by radical truth. I mean accepting reality.
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Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
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What matters most is that the people you work with share your values.
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
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Meditation helps you stay in a calm, clear-headed state so that when challenges come at you, you can deal with them like a ninja – in a calm thoughtful way. When you’re centered, your emotions are not hijacking you.
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An economy is not a complicated thing; it just has a lot of moving parts.
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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
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The big question is: When will the term structure of interest rates change? That’s the question to be worried about.
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