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 DALIOI notice a difference from the moment I meditate.
More Ray Dalio Quotes
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An economy is not a complicated thing; it just has a lot of moving parts.
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A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
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Forget about what the technology is. Just understand the motivation behind it.
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The media has the power to create an entrenched perception of reality that’s incorrect.
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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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What matters most is that the people you work with share your values.
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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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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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Everyone has to decide for themselves what works for them and their organization.
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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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There are far more good answers “out there” than there are in you.
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Watch out for people who think it’s embarrassing not to know.
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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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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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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