“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.”

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.

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.

I notice a difference from the moment I meditate.

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.

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.

I’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.

When you’re centered, your emotions are not hijacking you.

Your heart of gold will always be worth more than money.

The golden opportunity you are seeking is in yourself. It is not in your environment; it is not in luck or chance, or the help of others; it is in yourself alone.

The golden age only comes to men when they have forgotten gold.

These happy golden years are passing by, these happy golden years.

The Heavenly Father does not ask for golden vessels. He does not ask for silver vessels. God asks for yielded vessels.

I really just appreciate good jewelry, clarity, gold. I think gold is made for kings and pharaohs – that’s what I am. That’s why I rock gold and, you know, stuff like that.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

God doesn’t seek for golden vessels, and does not ask for silver ones, but He must have clean ones.