Ray Dalio on country
Ray Dalio89 quotes“If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.”
More from Ray Dalio
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.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio It’s more important to do big things well than to do small things perfectly.
Ray DalioRay Dalio Some people seek to understand, and some people seek to portray what they want to portray.
Ray DalioRay Dalio I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
Ray DalioRay Dalio That’s what I mean by radical truth. I mean accepting reality.
Ray DalioRay Dalio A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to others. Some people love knowing about their weaknesses and mistakes and those of others because it helps them be so much better, while others can’t stand it.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio 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.
Ray DalioRay Dalio Everyone has to decide for themselves what works for them and their organization.
Ray DalioRay Dalio There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
Ray DalioRay Dalio Watch out for people who think it’s embarrassing not to know.
Ray DalioRay Dalio The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it’s silly, pointless, and harmful to be upset at the problems and choices that come at you (though it’s understandable).
Ray DalioRay Dalio
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More on country
A lot of country music is sad. I think most art comes out of poverty and hard times. It applies to music. Three chords and the truth – that’s what a country song is. There is a lot of heartache in the world.
Willie NelsonWillie Nelson The unique thing about our country is that we have Hindus, Muslims, Christians, Sikhs, Parsis, and people of all other religions. We have temples and mosques, gurdwaras and churches. But we do not bring all this into politics. This is the difference between India and Pakistan.
Lal Bahadur ShastriLal Bahadur Shastri The world’s ‘freeest’ country has the highest number in prison.
Arundhati RoyArundhati Roy After Modi became the PM, development happened across the country.
Yogi AdityanathYogi Adityanath As Africans we shouldn’t ever have to reach out to build our own country, there is enough money in Africa itself.
AkonAkon Jinnah cannot be honoured in India. He’s responsible for the partition of our country. No Jinnah eulogy is acceptable in India.
Yogi AdityanathYogi Adityanath Justice, however, never was in reality administered gratis in any country. Lawyers and attornies, at least, must always be paid by the parties; and, if they were not, they would perform their duty still worse than they actually perform it.
Adam SmithAdam Smith If one limb of the body is defected or inflicted with, disease, the whole feels that pain. Some way if any department, minister or official of the state is faulty, the whole country is effected. An administrator should try hard to curb it.
ChanakyaChanakya
