Successful people ask for the criticism of others and consider its merit.
RAY DALIO
Don’t worry about looking good – worry about achieving your goals.
More Ray Dalio Quotes
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Successful people ask for the criticism of others and consider its merit.
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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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There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.
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What matters most is that the people you work with share your values.
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He who lives by the crystal ball will eat shattered glass.
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There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That’s a beautiful deleveraging.
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Since the only way you are going to find solutions to painful problems is by thinking deeply about them – i.e., reflecting – if you can develop a knee-jerk reaction to pain that is to reflect rather than to fight or flee, it will lead to your rapid learning/evolving.
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I notice a difference from the moment I meditate.
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It is a law of nature that you must do difficult things to gain strength and power. As with working out, after a while you make the connection between doing difficult things and the benefits you get from doing them, and you come to look forward to doing these difficult things.
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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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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
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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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I think so many people are reactive… they see things in a short term way they’re right up against it.
RAY DALIO