Meditation, more than any other factor, has been the reason for what success I’ve had.
RAY DALIOI could see that making judgments about people so that they are tried and sentenced in your head, without asking them for their perspective, is both unethical and unproductive. So I learned to love real integrity and to despise the lack of it.
More Ray Dalio Quotes
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
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There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
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Like the saying goes, don’t believe everything you read.
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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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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to others. Some people love knowing about their weaknesses and mistakes and those of others because it helps them be so much better, while others can’t stand it.
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An economy is not a complicated thing; it just has a lot of moving parts.
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I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
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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.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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What matters most is that the people you work with share your values.
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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.
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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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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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Some people seek to understand, and some people seek to portray what they want to portray.
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