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.
RAY DALIOIf inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
More Ray Dalio Quotes
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What matters most is that the people you work with share your values.
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There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
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The more you think you know, the more closed-minded you’ll be.
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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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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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Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.
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Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
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There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
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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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Almost everything is like a machine.
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When you’re centered, your emotions are not hijacking you.
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I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature’s laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.
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Don’t worry about looking good – worry about achieving your goals.
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That’s what I mean by radical truth. I mean accepting reality.
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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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