In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.
RAY DALIORadical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
More Ray Dalio Quotes
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If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
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By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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I think so many people are reactive… they see things in a short term way they’re right up against it.
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It all comes down to interest rates. As an investor, all you’re doing is putting up a lump-sump payment for a future cash flow.
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He who lives by the crystal ball will eat shattered glass.
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I believe that for the most part, achieving success – whatever that is for you – is mostly a matter of personal choice and that, initially, making the right choices can be difficult.
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To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
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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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I notice a difference from the moment I meditate.
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Some people seek to understand, and some people seek to portray what they want to portray.
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
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Though how nature works is way beyond man’s ability to comprehend, I have found that observing how nature works offers innumerable lessons that can help us understand the realities that affect us.
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It’s more important to do big things well than to do small things perfectly.
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