The big question is: When will the term structure of interest rates change? That’s the question to be worried about.
RAY DALIOWhen two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
More Ray Dalio Quotes
-
-
I notice a difference from the moment I meditate.
RAY DALIO -
To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
RAY DALIO -
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
RAY DALIO -
Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
RAY DALIO -
To test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.
RAY DALIO -
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.
RAY DALIO -
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right
RAY DALIO -
Like the saying goes, don’t believe everything you read.
RAY DALIO -
The media has the power to create an entrenched perception of reality that’s incorrect.
RAY DALIO -
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.
RAY DALIO -
I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
RAY DALIO -
Treat your life like a game.
RAY DALIO -
When you’re centered, your emotions are not hijacking you.
RAY DALIO -
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.
RAY DALIO -
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.
RAY DALIO