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Some people seek to understand, and some people seek to portray what they want to portray.

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
People
Portray
Seek
Understand

More quotes by Ray Dalio

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When you're centered, your emotions are not hijacking you.
Ray Dalio
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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.
Ray Dalio
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I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as in humanity - I have been able to learn more about what is good and bad than by listening to most people's views about good and bad.
Ray Dalio
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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
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The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
Ray Dalio
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An economy is not a complicated thing it just has a lot of moving parts.
Ray Dalio
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The big question is: When will the term structure of interest rates change? That's the question to be worried about.
Ray Dalio
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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
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Each person assesses each other person's credibility on different dimensions, because people are strong and weak in different things.
Ray Dalio
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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.
Ray Dalio
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I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.
Ray Dalio
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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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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
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I think the industry can probably self-correct without regulation, but I don't believe an individual outlet can regulate itself.
Ray Dalio
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If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don't face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.
Ray Dalio
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People with good work habits have to-do lists that are reasonably prioritized, and they make themselves do what needs to be done. By contrast, people with poor work habits almost randomly react to the stuff that comes at them, or they can't bring themselves to do the things they need to do but don't like to do (or are unable to do).
Ray Dalio
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Don't worry about looking good - worry about achieving your goals.
Ray Dalio
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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
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Know what your people are like, and make sure they do their jobs excellently.
Ray Dalio
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The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is have a balanced, structured portfolio – a portfolio that does well in different environments…. we don't know that we're going to win. We have to have diversified bets.
Ray Dalio