Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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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School typically doesn’t prepare young people for real life – unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.
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If you don’t own Gold, you know neither history nor economics.
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He who lives by the crystal ball will eat shattered glass.
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To make money in the markets, you have to think independently and be humble.
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Everyone has to decide for themselves what works for them and their organization.
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There are far more good answers “out there” than there are in you.
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What matters most is that the people you work with share your values.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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I think meditation has been the single biggest reason for whatever success Ive had.
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To test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.
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When you’re faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making.
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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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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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Almost everything is like a machine.
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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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