People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
RAY DALIOI 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.
More Ray Dalio Quotes
-
-
Forget about what the technology is. Just understand the motivation behind it.
RAY DALIO -
The big question is: When will the term structure of interest rates change? That’s the question to be worried about.
RAY DALIO -
Watch out for people who think it’s embarrassing not to know.
RAY DALIO -
When you’re centered, your emotions are not hijacking you.
RAY DALIO -
If you don’t own Gold, you know neither history nor economics.
RAY DALIO -
I think meditation has been the single biggest reason for whatever success Ive had.
RAY DALIO -
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
RAY DALIO -
When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
RAY DALIO -
I’m going to give away a lot more than half my money. I’d be happy to give that to the government if the government put together programs that were like I’m giving away to charity, in which I believe the money is effectively used to help people.
RAY DALIO -
The more you think you know, the more closed-minded you’ll be.
RAY DALIO -
Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
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 -
I’ve learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I could figure out what that was, I could learn how to be more effective.
RAY DALIO -
Almost everything is like a machine.
RAY DALIO -
I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for their perspective, is both unethical and unproductive. So I learned to love real integrity and to despise the lack of it.
RAY DALIO






