You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
RAY DALIO
RAY DALIO
Ray Dalio on assumption
Ray Dalio89 quotes“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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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.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio I’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.
Ray DalioRay Dalio When you’re centered, your emotions are not hijacking you.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
Ray DalioRay Dalio People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.
Ray DalioRay Dalio It’s more important to do big things well than to do small things perfectly.
Ray DalioRay Dalio Some people seek to understand, and some people seek to portray what they want to portray.
Ray DalioRay Dalio I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
Ray DalioRay Dalio That’s what I mean by radical truth. I mean accepting reality.
Ray DalioRay Dalio A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
Ray DalioRay Dalio School typically doesn’t prepare young people for real life – unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.
Ray DalioRay Dalio 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 DalioRay Dalio Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to others. Some people love knowing about their weaknesses and mistakes and those of others because it helps them be so much better, while others can’t stand it.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio
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From our community writers
Caught inside my mind trapped between its horrid lines losing precious time.
Carmen AmadosCarmen Amados Some women will have you look at life differently.
Eleni SophiaEleni Sophia The biggest reward often require the largest risks.
Nicole BrownNicole Brown Being with you is familiar, like playing guitar after some time; the theory is there but my fingers have forgotten the chords.
AstaAsta Late-night conservations, Breathtaking memories, and an endless sky full of unseen dazzling stars. That’s how I want to remember us.
AurthurAurthur Nothing is more terrifying than falling in love.
Helena DegnHelena Degn People who cannot see through souls will keep searching for beauty in faces and will never find it.
Shilpa GoelShilpa Goel There is someone out there waiting to love you in all the ways you deserve.
Ashley PrzywolskiAshley Przywolski
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More on assumption
You are not naked when you take off your clothes. You still wear your religious assumptions, your prejudices, your fears, your illusions, your delusions.
Terence McKennaTerence McKenna You don’t even want to play that game. You want to reclaim your mind and get it out of the hands of the cultural engineers who want to turn you into a half-baked moron consuming all this trash that’s being manufactured out of the bones of a dying world.
Terence McKennaTerence McKenna We define religion as the assumption that life has meaning. Religion, or lack of it, is shown not in some intellectual or verbal formulations but in one’s total orientation to life.
Rollo MayRollo May The first and most imperative necessity in war is money, for money means everything else — men, guns, ammunition.
Ida TarbellIda Tarbell Since we have literally targeted our enemies, the Pentagon assumes that, sooner or later, rogues will take out our cities, presumably from spaceships.
Gore VidalGore Vidal Science for its part will test relentlessly every assumption about the human condition.
E. O. WilsonE. O. Wilson Every economic opinion is associated with a set of assumptions.
Gautam AdaniGautam Adani It is true that classical libertarian thought is opposed to state intervention in social life, as a consequence of deeper assumptions about the human need for liberty, diversity, and free association.
Noam ChomskyNoam Chomsky