Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
RAY DALIOMeditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
More Ray Dalio Quotes
-
-
You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
RAY DALIO -
The more you think you know, the more closed-minded you’ll be.
RAY DALIO -
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.
RAY DALIO -
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
RAY DALIO -
I think the greatest tragedy of mankind is that people have ideas and opinions in their heads but don’t have a process for properly examining these ideas to find out what’s true. That creates a world of distortions.
RAY DALIO -
Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way.
RAY DALIO -
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
RAY DALIO -
When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
RAY DALIO -
Treat your life like a game.
RAY DALIO -
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right
RAY DALIO -
It’s more important to do big things well than to do small things perfectly.
RAY DALIO -
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.
RAY DALIO -
I’m going to give away a lot more than half my money. I’d be happy to give that to the government if the government put together programs that were like I’m giving away to charity, in which I believe the money is effectively used to help people.
RAY DALIO -
Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
RAY DALIO -
Successful people ask for the criticism of others and consider its merit.
RAY DALIO