There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
RAY DALIOWhat matters most is that the people you work with share your values.
More Ray Dalio Quotes
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That’s what I mean by radical truth. I mean accepting reality.
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I 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.
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I think meditation has been the single biggest reason for whatever success Ive had.
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The media has the power to create an entrenched perception of reality that’s incorrect.
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To make money in the markets, you have to think independently and be humble.
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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.
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I 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.
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Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
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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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Treat your life like a game.
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There are far more good answers “out there” than there are in you.
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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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When you’re centered, your emotions are not hijacking you.
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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.
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Almost everything is like a machine.
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