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.
RAY DALIONature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way.
More Ray Dalio Quotes
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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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It’s more important to do big things well than to do small things perfectly.
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There are two main drivers of asset class returns – inflation and growth.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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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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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.
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There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
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I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
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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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An economy is not a complicated thing; it just has a lot of moving parts.
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The best advice I can give you is to ask yourself what do you want, then ask ‘what is true’ – and then ask yourself ‘what should be done about it.’ I believe that if you do this you will move much faster towards what you want to get out of life than if you don’t!
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There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
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The more you think you know, the more closed-minded you’ll be.
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
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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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