When you think that it’s too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful.
RAY DALIOI 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.
More Ray Dalio Quotes
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He who lives by the crystal ball will eat shattered glass.
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It’s more important to do big things well than to do small things perfectly.
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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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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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Some people seek to understand, and some people seek to portray what they want to portray.
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Don’t worry about looking good – worry about achieving your goals.
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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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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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Watch out for people who think it’s embarrassing not to know.
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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.
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Like the saying goes, don’t believe everything you read.
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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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The more you think you know, the more closed-minded you’ll be.
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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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There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
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