Quote

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 Dalio

Change background

T
T
T

Change font

TAGS & TOPICS

Ray Dalio
Age: 75
Born: 1949
Born: August 8
Businessman
Hedge Fund Manager
Investor
Jackson Heights
Queens
Raymond Dalio
Raymond Thomas Dalio
Way
Approaching
Device
Devices
Limits
Gave
Pain
Tell
Messaging
Nature
Exceeded

More quotes by Ray Dalio

Image
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.
Ray Dalio
Image
I notice a difference from the moment I meditate.
Ray Dalio
Image
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment. Typically, high past returns simply imply that an asset has become more expensive and is a poorer, not better, investment.
Ray Dalio
Image
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.
Ray Dalio
Image
What matters most is that the people you work with share your values.
Ray Dalio
Image
Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods.
Ray Dalio
Image
For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other basic needs and pleasures - are not, past a certain point, materially improved upon by having a lot of money.
Ray Dalio
Image
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.
Ray Dalio
Image
To make money in the markets, you have to think independently and be humble.
Ray Dalio
Image
Know what your people are like, and make sure they do their jobs excellently.
Ray Dalio
Image
You'll see that excuses like That's not easy are of no value and that it pays to push through it at a pace you can handle. Like getting physically fit, the most important thing is that you keep moving forward at whatever pace you choose, recognizing the consequences of your actions.
Ray Dalio
Image
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.
Ray Dalio
Image
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.
Ray Dalio
Image
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
Ray Dalio
Image
There are two main drivers of asset class returns - inflation and growth.
Ray Dalio
Image
I do think people need to recognize that a lot of journalists want to write a story a certain way because the story will be better or the portrayal will be better, or at least recognize that whenever you're looking at something, you're seeing it through somebody's eyes who may actually not be the person who is the most insightful.
Ray Dalio
Image
Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
Ray Dalio
Image
When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and you have a basic breakdown, that becomes very threatening.
Ray Dalio
Image
Ironically, people who suppress the mini-confrontations for fear of conflict tend to have huge conflicts later, which can lead to separation, precisely because they let minor problems fester. On the other hand, people who address the mini-conflicts head-on in order to straighten things out tend to have the great, long-lasting relationships.
Ray Dalio
Image
I don't think there is such a thing as the perfect system.
Ray Dalio