I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
RAY DALIOThere is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
More Ray Dalio Quotes
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Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
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Don’t worry about looking good – worry about achieving your goals.
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If you don’t own Gold, you know neither history nor economics.
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Successful people ask for the criticism of others and consider its merit.
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By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.
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Almost everything is like a machine.
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Demand is best measured in terms of spending. You know, I think in traditional economics, it’s a mistake to measure it in terms of the quantity of goods.
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To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
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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.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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Like the saying goes, don’t believe everything you read.
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You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
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I 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.
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Meditation, more than any other factor, has been the reason for what success I’ve had.
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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.
RAY DALIO