To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
RAY DALIOPrinciples are what allow you to live a life consistent with those values. Principles connect your values to your actions.
More Ray Dalio Quotes
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There are far more good answers “out there” than there are in you.
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It is a law of nature that you must do difficult things to gain strength and power. As with working out, after a while you make the connection between doing difficult things and the benefits you get from doing them, and you come to look forward to doing these difficult things.
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Successful people ask for the criticism of others and consider its merit.
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Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don’t know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don’t.
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The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it’s silly, pointless, and harmful to be upset at the problems and choices that come at you (though it’s understandable).
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To make money in the markets, you have to think independently and be humble.
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I notice a difference from the moment I meditate.
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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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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
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I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature’s laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.
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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.
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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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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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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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It’s more important to do big things well than to do small things perfectly.
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