Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they’re the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.
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.
More Ray Dalio Quotes
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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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People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.
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It’s more important to do big things well than to do small things perfectly.
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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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I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
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Forget about what the technology is. Just understand the motivation behind it.
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Constantly probe the people who report to you, and encourage them to probe you.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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When you’re centered, your emotions are not hijacking you.
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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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When you think that it’s too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful.
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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.
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Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.
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To make money in the markets, you have to think independently and be humble.
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Meditation, more than any other factor, has been the reason for what success I’ve had.
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