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 DALIOTo test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.
More Ray Dalio Quotes
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He who lives by the crystal ball will eat shattered glass.
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The more you think you know, the more closed-minded you’ll be.
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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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I think meditation has been the single biggest reason for whatever success Ive had.
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Successful people ask for the criticism of others and consider its merit.
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You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
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Watch out for people who think it’s embarrassing not to know.
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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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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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To make money in the markets, you have to think independently and be humble.
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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.
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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.
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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.
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There are far more good answers “out there” than there are in you.
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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.
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