To make money in the markets, you have to think independently and be humble.
RAY DALIOI think meditation has been the single biggest reason for whatever success Ive had.
More Ray Dalio Quotes
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There 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.
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Successful people ask for the criticism of others and consider its merit.
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Since the only way you are going to find solutions to painful problems is by thinking deeply about them – i.e., reflecting – if you can develop a knee-jerk reaction to pain that is to reflect rather than to fight or flee, it will lead to your rapid learning/evolving.
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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.
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There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That’s a beautiful deleveraging.
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If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
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Almost everything is like a machine.
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The more you think you know, the more closed-minded you’ll be.
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I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
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An economy is not a complicated thing; it just has a lot of moving parts.
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I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right
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I think meditation has been the single biggest reason for whatever success Ive 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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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.
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