Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
RAY DALIORadical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
More Ray Dalio Quotes
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
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Like the saying goes, don’t believe everything you read.
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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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Constantly probe the people who report to you, and encourage them to probe you.
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An economy is not a complicated thing; it just has a lot of moving parts.
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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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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 for the most part, achieving success – whatever that is for you – is mostly a matter of personal choice and that, initially, making the right choices can be difficult.
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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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When you’re faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making.
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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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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 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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Watch out for people who think it’s embarrassing not to know.
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