There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
RAY DALIOYou should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
More Ray Dalio Quotes
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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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Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they’re the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.
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To 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.
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Almost everything is like a machine.
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The media has the power to create an entrenched perception of reality that’s incorrect.
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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 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.
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I notice a difference from the moment I meditate.
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I think meditation has been the single biggest reason for whatever success Ive had.
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That’s what I mean by radical truth. I mean accepting reality.
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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.
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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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When you’re centered, your emotions are not hijacking you.
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
RAY DALIO