When you think that it’s too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful.
RAY DALIOSome people seek to understand, and some people seek to portray what they want to portray.
More Ray Dalio Quotes
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
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When you’re centered, your emotions are not hijacking you.
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There are far more good answers “out there” than there are in you.
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Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to others. Some people love knowing about their weaknesses and mistakes and those of others because it helps them be so much better, while others can’t stand it.
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That’s what I mean by radical truth. I mean accepting reality.
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If you don’t own Gold, you know neither history nor economics.
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There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
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When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation’s lower than expected, bonds go up.
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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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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
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When you’re faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making.
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I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right
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It’s more important to do big things well than to do small things perfectly.
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Like the saying goes, don’t believe everything you read.
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