In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.
RAY DALIO
RAY DALIO
Ray Dalio on end
“In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.”
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I notice a difference from the moment I meditate.
Ray DalioRay Dalio 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 DalioRay Dalio 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 DalioRay Dalio I’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.
Ray DalioRay Dalio When you’re centered, your emotions are not hijacking you.
Ray DalioRay Dalio By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio 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 DalioRay Dalio It’s more important to do big things well than to do small things perfectly.
Ray DalioRay Dalio Some people seek to understand, and some people seek to portray what they want to portray.
Ray DalioRay Dalio I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
Ray DalioRay Dalio That’s what I mean by radical truth. I mean accepting reality.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio School typically doesn’t prepare young people for real life – unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.
Ray DalioRay 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 DalioRay Dalio 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 DalioRay Dalio