There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
RAY DALIOThere is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
RAY DALIOI believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature’s laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.
RAY DALIOWhen two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
RAY DALIOWhat matters most is that the people you work with share your values.
RAY DALIOHe who lives by the crystal ball will eat shattered glass.
RAY DALIOTo be successful, we need everyone to think independently and work through disagreement to decide what’s best.
RAY DALIOSome people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.
RAY DALIOI believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
RAY DALIOPeople 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.
RAY DALIOIf inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
RAY DALIORadical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
RAY DALIOIt all comes down to interest rates. As an investor, all you’re doing is putting up a lump-sump payment for a future cash flow.
RAY DALIOThe media has the power to create an entrenched perception of reality that’s incorrect.
RAY DALIOConstantly probe the people who report to you, and encourage them to probe you.
RAY DALIONature 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 DALIODemand is best measured in terms of spending. You know, I think in traditional economics, it’s a mistake to measure it in terms of the quantity of goods.
RAY DALIO