People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.
RAY DALIOThere is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.
More Ray Dalio Quotes
-
-
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.
RAY DALIO -
I think the greatest tragedy of mankind is that people have ideas and opinions in their heads but don’t have a process for properly examining these ideas to find out what’s true. That creates a world of distortions.
RAY DALIO -
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).
RAY DALIO -
Meditation, more than any other factor, has been the reason for what success I’ve had.
RAY DALIO -
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.
RAY DALIO -
When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
RAY DALIO -
It’s more important to do big things well than to do small things perfectly.
RAY DALIO -
Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
RAY DALIO -
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.
RAY DALIO -
There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
RAY 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 DALIO -
There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
RAY DALIO -
Don’t worry about looking good – worry about achieving your goals.
RAY DALIO -
Forget about what the technology is. Just understand the motivation behind it.
RAY DALIO -
The more you think you know, the more closed-minded you’ll be.
RAY DALIO