Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
RAY DALIOMeditation, more than any other factor, has been the reason for what success I’ve had.
More Ray Dalio Quotes
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Don’t worry about looking good – worry about achieving your goals.
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If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
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There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
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Successful people ask for the criticism of others and consider its merit.
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The best advice I can give you is to ask yourself what do you want, then ask ‘what is true’ – and then ask yourself ‘what should be done about it.’ I believe that if you do this you will move much faster towards what you want to get out of life than if you don’t!
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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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An economy is not a complicated thing; it just has a lot of moving parts.
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I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I’ll come out of it refreshed and centered and that’s how I’ll feel and it’ll carry through the day.
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To make money in the markets, you have to think independently and be humble.
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Some people seek to understand, and some people seek to portray what they want to portray.
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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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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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The more you think you know, the more closed-minded you’ll be.
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
RAY DALIO






