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I think it is in the nature of individuals and individual entities not to self-correct.

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
Individuals
Individual
Nature
Self
Think
Thinking
Entities
Entity
Correct

More quotes by Ray Dalio

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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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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.
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Some people seek to understand, and some people seek to portray what they want to portray.
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He who lives by the crystal ball will eat shattered glass.
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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
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To make money in the markets, you have to think independently and be humble.
Ray Dalio
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What matters most is that the people you work with share your values.
Ray Dalio
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I don't get caught up in the moment.
Ray Dalio
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Treat your life like a game.
Ray Dalio
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The more you think you know, the more closed-minded you'll be.
Ray Dalio
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Like the saying goes, don't believe everything you read.
Ray Dalio
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Forget about what the technology is. Just understand the motivation behind it.
Ray Dalio
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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
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The world is still in deleveraging.
Ray Dalio
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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
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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
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I'm scared of people with power making the decision.
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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I don't think there is such a thing as the perfect system.
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