There are two main drivers of asset class returns – inflation and growth.
RAY DALIOSuccessful people ask for the criticism of others and consider its merit.
More Ray Dalio Quotes
-
-
You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
RAY DALIO -
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
RAY DALIO -
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 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 DALIO -
I notice a difference from the moment I meditate.
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 -
Forget about what the technology is. Just understand the motivation behind it.
RAY DALIO -
Almost everything is like a machine.
RAY DALIO -
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
RAY 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 DALIO -
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right
RAY DALIO -
Treat your life like a game.
RAY DALIO -
Everyone has to decide for themselves what works for them and their organization.
RAY DALIO -
If you don’t own Gold, you know neither history nor economics.
RAY DALIO -
Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there’s an education level that plays into the mix and so if it’s inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.
RAY DALIO