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 DALIO
RAY DALIO
Ray Dalio on measurement
Ray Dalio89 quotes“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.”
More from Ray Dalio
Don’t worry about looking good – worry about achieving your goals.
Ray DalioRay Dalio An economy is not a complicated thing; it just has a lot of moving parts.
Ray DalioRay Dalio Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there’s an education level that plays into the mix and so if it’s inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.
Ray DalioRay Dalio If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one’s strengths and weaknesses are.
Ray DalioRay Dalio When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
Ray DalioRay Dalio 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 DalioRay Dalio Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
Ray DalioRay Dalio The big question is: When will the term structure of interest rates change? That’s the question to be worried about.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio People who worry about looking good typically hide what they don’t know and hide their weaknesses, so they never learn how to properly deal with them and these weaknesses remain impediments in the future.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio Forget about what the technology is. Just understand the motivation behind it.
Ray DalioRay Dalio The more you think you know, the more closed-minded you’ll be.
Ray DalioRay Dalio
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I managed to cut myself loose and while there was pain – there weren’t any blood.
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Frode GaslandFrode Gasland If you are true to yourself, you are already a winner.
Alex DanielAlex Daniel You deserve words that remind you of your value.
Saif Ali ManganSaif Ali Mangan Do always wonder about your worth and remind yourself that even roses have their own thorns.
Megan LaoMegan Lao I’m like sugar in the coffee. Stir me and I’ll dissolve into you.
BelaBela Plans have changed. Life looks different. & now we’re all figuring it out as we go.
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More on measurement
While we measure our own success in terms of our personal comfort and security, the universe measures our success by how much we have learned.
Caroline MyssCaroline Myss Man is manifestly not the measure of all things. This universe is shot through with mystery. The very fact of its being, and of our own, is a mystery absolute, and the only miracle worthy of the name.
Sam HarrisSam Harris Every dance is a kind of fever chart, a graph of the heart.
Martha GrahamMartha Graham Humility is to make a right estimate of one’s self. It is no humility for a man to think less of himself than he ought, though it might rather puzzle him to do that.
Prince CharlesPrince Charles You cannot measure a man by his failures. You must know what use he makes of them. What did they mean to him. What did he get out of them.
Orison Swett MardenOrison Swett Marden What is it possible to do well, in physics particularly, if things are not reduced to degrees and measures?
Alessandro VoltaAlessandro Volta Intelligence is measured by a person’s ability to see validity within both sides of contradicting arguments.
F. Scott FitzgeraldF. Scott Fitzgerald It is not the style of clothes one wears, neither the kind of automobile one drives, nor the amount of money one has in the bank, that counts. These mean nothing. It is simply service that measures success.
George Washington CarverGeorge Washington Carver