Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.
RAY DALIOThe more you think you know, the more closed-minded you’ll be.
More Ray Dalio Quotes
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The more you think you know, the more closed-minded you’ll be.
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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
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If you have the power to see things through somebody else’s eyes, it’s like going from black and white to color or two dimensions to three dimensions.
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Don’t worry about looking good – worry about achieving your goals.
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He who lives by the crystal ball will eat shattered glass.
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Almost everything is like a machine.
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There are two main drivers of asset class returns – inflation and growth.
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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.
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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.
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An economy is not a complicated thing; it just has a lot of moving parts.
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Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
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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.
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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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People 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.
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There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
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