You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
RAY DALIO
Demand 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
-
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 think meditation has been the single biggest reason for whatever success Ive had.
RAY DALIO -
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.
RAY DALIO -
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
RAY DALIO -
When you’re centered, your emotions are not hijacking you.
RAY DALIO -
Almost everything is like a machine.
RAY DALIO -
-
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 DALIO -
To make money in the markets, you have to think independently and be humble.
RAY DALIO -
There are two main drivers of asset class returns – inflation and growth.
RAY DALIO -
To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
RAY DALIO -
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.
RAY DALIO -
Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
RAY DALIO -
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
RAY DALIO -
The best advice I can give you is to ask yourself what do you want, then ask ‘what is true’ – and then ask yourself ‘what should be done about it.’ I believe that if you do this you will move much faster towards what you want to get out of life than if you don’t!
RAY DALIO -
