“Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.”

Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.

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.

Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don’t know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don’t.

Constantly probe the people who report to you, and encourage them to probe you.

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.

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.

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.

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.

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

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.

The inflated imitations of gold and silver, which after the rapture are thrown into the fire, all is exhausted and dissipated by the debt. All scrips and bonds are wiped out. At the fourth pillar dedicated to Saturn, split by earthquake and flood: vexing everyone, an urn of gold is found and then restored.

Come live with me, and be my love, And we will some new pleasures prove Of golden sands, and crystal brooks, With silken lines, and silver hooks.

Born in poverty, he will take supreme power. He will bankrupt the country. Raising an army in the Milanese marches, he will drain Faenza and Florence of gold and people.

My perfect day is sitting in a room with some blank paper. That’s heaven. That’s gold, and anything else is just a waste of time.

On soft Spring nights I’ll stand in the yard under the stars – Something good will come out of all things yet – And it will be golden and eternal just like that – There’s no need to say another word.

It was an act of bravery loving you. I’ve been dripping in gold ever since.

We were told that they wished merely to pass through our country. To seek for gold in the far west, Yet before the ashes of the council are cold, the Great Father is building his forts among us. His presence here is an insult to the spirits of our ancestors.

Despite all the silver of Diana and Mercury, their images will be found on the lake. For the sculptor looking for new clay, he and his people will be flooded with gold.