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
RAY DALIO
Ray Dalio on experience
Ray Dalio89 quotes“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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More from Ray Dalio
Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they’re the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.
Ray DalioRay 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 DalioRay Dalio Be wary of the arrogant intellectual who comments from the stands without having played on the field.
Ray DalioRay 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 DalioRay Dalio Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
Ray DalioRay Dalio Though how nature works is way beyond man’s ability to comprehend, I have found that observing how nature works offers innumerable lessons that can help us understand the realities that affect us.
Ray DalioRay Dalio Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don’t know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don’t.
Ray DalioRay Dalio Constantly probe the people who report to you, and encourage them to probe you.
Ray DalioRay Dalio Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.
Ray DalioRay Dalio I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature’s laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.
Ray DalioRay Dalio In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.
Ray DalioRay Dalio There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.
Ray DalioRay Dalio Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
Ray DalioRay 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 DalioRay 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 DalioRay Dalio There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
Ray DalioRay Dalio
Original quotes
From our community writers
They bleed not in the mouth but through their ink – indelible and dark.
Juana GarciaJuana Garcia I would rather shoot my arrows than keep them in my bow, I would rather risk it all than risk nothing at all.
ShamaShama I wish I knew then all of the things I know now that I am enough.
TMCTMC I feel like I’m on fire, fighting for a moment on respite – I’m not placing bets.
M.K. StandbyM.K. Standby I found him in all the chaos, and that was when my world started making sense again.
MoomerMoomer The judgement that people cast on you for how you do or do not appear is nothing more than just a projection of their own wounds.
Taj AroraTaj Arora Be grateful for what you have now, even if it’s not everything you wanted.
Sonia SabnisSonia Sabnis It seems strange how we look in the same mirror, yet what stares back, is so painfully different.
Chris AllchinChris Allchin
More on experience
But, though all our knowledge begins with experience, it by no means follows that all arises out of experience.
Immanuel KantImmanuel Kant One of the joys of travel is visiting new towns and meeting new people.
Genghis KhanGenghis Khan By Taking Charge Of Your Karma, You Determine the Nature Of Your Experience.
SadhguruSadhguru You Can Think About Past or Future, But Only This Moment Can Be Experienced.
SadhguruSadhguru The purpose of spiritual practices is to demolish the structures of limited experience and facilitate a Universal Possibility within the Individual.
SadhguruSadhguru It is a part of the human experience to feel pain do not be afraid to open yourself to it.
Rupi KaurRupi Kaur The process may seem strange and yet it is very true. I did not so much gain the knowledge of things by the words, as words by the experience I had of things.
PlutarchPlutarch I’m a big believer in winging it. I’m a big believer that you’re never going to find the perfect city travel experience or the perfect meal without a constant willingness to experience a bad one.
Anthony BourdainAnthony Bourdain