What matters most is that the people you work with share your values.
RAY DALIOSuccessful people ask for the criticism of others and consider its merit.
More Ray Dalio Quotes
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Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there’s an education level that plays into the mix and so if it’s inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.
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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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He who lives by the crystal ball will eat shattered glass.
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The media has the power to create an entrenched perception of reality that’s incorrect.
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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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There are two main drivers of asset class returns – inflation and growth.
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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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When you’re centered, your emotions are not hijacking you.
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A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
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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.
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I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one’s strengths and weaknesses are.
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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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Don’t worry about looking good – worry about achieving your goals.
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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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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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