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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

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Ray Dalio
Age: 75
Born: 1949
Born: August 8
Businessman
Hedge Fund Manager
Investor
Jackson Heights
Queens
Raymond Dalio
Raymond Thomas Dalio
Best
Promise
Going
Produce
Much
Create
Support
Transferred
Choices
Deliver
Point
Credit
Money
Anymore
Certain
Reach

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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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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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Know what your people are like, and make sure they do their jobs excellently.
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Each person assesses each other person's credibility on different dimensions, because people are strong and weak in different things.
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I think it is in the nature of individuals and individual entities not to self-correct.
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As Harvard developmental psychologist Robert Kegan, who has studied Bridgewater, says, in most work places everyone is working two jobs. The first is whatever their actual job is the second consists of managing others' impressions of them, especially by hiding weaknesses and inadequacies - which is an enormous waste of energy.
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The media has the power to create an entrenched perception of reality that's incorrect.
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