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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.

Ray Dalio

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.
RAY DALIO

Gold Market Money Opportunity Price Way
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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Bond Expectation Growth Investment Marketing Slow
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.
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Flow Future Interest Investment Pay Rate
When you’re centered, your emotions are not hijacking you.
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Emotion Spiritual Aware Yourself
Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.
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Achievement Creation Ideal Problem Progress Reality Success True Understand
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 Live Principle Value Yourself
I believe that for the most part, achieving success – whatever that is for you – is mostly a matter of personal choice and that, initially, making the right choices can be difficult.
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Achievement Believe Choice Difficult
Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they’re the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.
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Bad Better Essential Expectation Feeling Learning Mistake Process
Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
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Experience Intellectual Leadership Learning Production Quality Remember
To test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.
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Appearance Goodness Mistake Observation Worry Yourself
Don’t worry about looking good – worry about achieving your goals.
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Achievement Appearance Goal Goodness Worry
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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Behavior Establishment Media Member Thinking
What matters most is that the people you work with share your values.
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People Share Value Work Yourself
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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Assumption Future Hold Strategy Yourself
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.
RAY DALIO

Acceptance Comfortable Excellence Game Play Thrill Yourself
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.
RAY DALIO

Evidence Hard Time Mistake People Problem Stand Way Weakness

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.

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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.

Related Topics

Popular Authors

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