If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
RAY DALIOI can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I’ll come out of it refreshed and centered and that’s how I’ll feel and it’ll carry through the day.
More Ray Dalio Quotes
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Meditation, more than any other factor, has been the reason for what success I’ve had.
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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.
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I think meditation has been the single biggest reason for whatever success Ive had.
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He who lives by the crystal ball will eat shattered glass.
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There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That’s a beautiful deleveraging.
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The main reason I write the daily observations is because I want to know where I’m wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
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Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.
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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.
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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
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Some people seek to understand, and some people seek to portray what they want to portray.
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Almost everything is like a machine.
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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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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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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.
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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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