Quote

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

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
Mistake
Quantity
Term
Goods
Best
Measure
Think
Economics
Thinking
Traditional
Spending
Demand
Terms
Measured

More quotes by Ray Dalio

Image
Know what your people are like, and make sure they do their jobs excellently.
Ray Dalio
Image
What matters most is that the people you work with share your values.
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
The big question is: When will the term structure of interest rates change? That's the question to be worried about.
Ray Dalio
Image
I don't get caught up in the moment.
Ray Dalio
Image
I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which they and I cherish.
Ray Dalio
Image
I think if you look at the statistics and you deal with fake media - and fake media and distorted media is a continuum - the vast majority of the population says, I don't know what to believe. There are no checks and balances in quality control.
Ray Dalio
Image
When you're centered, your emotions are not hijacking you.
Ray Dalio
Image
Treat your life like a game.
Ray Dalio
Image
Don't worry about looking good - worry about achieving your goals.
Ray Dalio
Image
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way.
Ray Dalio
Image
Forget about what the technology is. Just understand the motivation behind it.
Ray Dalio
Image
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.
Ray Dalio
Image
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
Ray Dalio
Image
For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won't grow.
Ray Dalio
Image
The more you think you know, the more closed-minded you'll be.
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
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
Ray Dalio
Image
He who lives by the crystal ball will eat shattered glass.
Ray Dalio
Image
I'm scared of people with power making the decision.
Ray Dalio