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
RAY DALIOWhen you’re centered, your emotions are not hijacking you.
More Ray Dalio Quotes
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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.
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If you don’t own Gold, you know neither history nor economics.
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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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Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way.
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I notice a difference from the moment I meditate.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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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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Some people seek to understand, and some people seek to portray what they want to portray.
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Constantly probe the people who report to you, and encourage them to probe you.
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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.
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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.
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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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It’s more important to do big things well than to do small things perfectly.
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The big question is: When will the term structure of interest rates change? That’s the question to be worried about.
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Forget about what the technology is. Just understand the motivation behind it.
RAY DALIO