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 DALIOSome people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.
More Ray Dalio Quotes
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That’s what I mean by radical truth. I mean accepting reality.
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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.
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If you have the power to see things through somebody else’s eyes, it’s like going from black and white to color or two dimensions to three dimensions.
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Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.
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It’s more important to do big things well than to do small things perfectly.
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He who lives by the crystal ball will eat shattered glass.
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The media has the power to create an entrenched perception of reality that’s incorrect.
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Don’t worry about looking good – worry about achieving your goals.
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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.
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Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
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Meditation, more than any other factor, has been the reason for what success I’ve had.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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To make money in the markets, you have to think independently and be humble.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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Some people seek to understand, and some people seek to portray what they want to portray.
RAY DALIO