Ray Dalio Quotes

Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.

There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.

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.

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.

There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.

There are two main drivers of asset class returns – inflation and growth.

He who lives by the crystal ball will eat shattered glass.

If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don’t face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.

I think so many people are reactive… they see things in a short term way they’re right up against it.

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.