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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.
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
Hope
Giant
Order
Delicious
Ever
Rejects
Things
Giants
Life
Alternatives
Like
Investing
Taste
Smorgasbord
Growth
Reject
More quotes by Ray Dalio
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
The media has the power to create an entrenched perception of reality that's incorrect.
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I don't think there is such a thing as the perfect system.
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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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Everyone has to decide for themselves what works for them and their organization.
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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
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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
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people
Ray Dalio
Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected two: they're the first and most essential part of the learning process and three: feeling bad about them will prevent you from getting better.
Ray 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 Dalio
I think it is in the nature of individuals and individual entities not to self-correct.
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If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important events never happen in your life before.
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Forget about what the technology is. Just understand the motivation behind it.
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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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Know what your people are like, and make sure they do their jobs excellently.
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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 Dalio
The world is still in deleveraging.
Ray Dalio
I'm scared of people with power making the decision.
Ray Dalio
When you're centered, your emotions are not hijacking you.
Ray Dalio
If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
Ray Dalio