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 DALIOAlmost everything is like a machine.
More Ray Dalio Quotes
-
-
The main reason I write the daily observations is because I want to know where I’m wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
RAY DALIO -
When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
RAY DALIO -
When you’re centered, your emotions are not hijacking you.
RAY DALIO -
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.
RAY DALIO -
Meditation helps you stay in a calm, clear-headed state so that when challenges come at you, you can deal with them like a ninja – in a calm thoughtful way. When you’re centered, your emotions are not hijacking you.
RAY DALIO -
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.
RAY DALIO -
Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
RAY 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 DALIO -
I think meditation has been the single biggest reason for whatever success Ive had.
RAY DALIO -
Treat your life like a game.
RAY DALIO -
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.
RAY DALIO -
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
RAY DALIO -
Meditation, more than any other factor, has been the reason for what success I’ve had.
RAY DALIO -
Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
RAY DALIO -
The big question is: When will the term structure of interest rates change? That’s the question to be worried about.
RAY DALIO