Quote

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

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
Individuals
Individual
Nature
Self
Think
Thinking
Entities
Entity
Correct

More quotes by Ray Dalio

Image
The media has the power to create an entrenched perception of reality that's incorrect.
Ray Dalio
Image
With the media, we don't know what's true, and we don't have radical transparency because we're seeing everything through somebody else's eyes. There's no other industry that has as much power and as much freedom and as little quality control. I can't imagine how anyone could not think that's a problem.
Ray Dalio
Image
Know what your people are like, and make sure they do their jobs excellently.
Ray Dalio
Image
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
Image
Like the saying goes, don't believe everything you read.
Ray Dalio
Image
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
Image
I think the President of the United States must operate by rules. I think our judicial system must operate by the rules. You have to operate by the rules of the system, and if you don't, if you pull rank, then you lose all your credibility.
Ray Dalio
Image
I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
Ray Dalio
Image
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
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
When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation's lower than expected, bonds go up.
Ray Dalio
Image
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
Image
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
Image
Everyone has to decide for themselves what works for them and their organization.
Ray Dalio
Image
The more you think you know, the more closed-minded you'll be.
Ray Dalio
Image
Nature is a machine. The family is a machine. The life cycle is like a machine.
Ray Dalio
Image
The world is still in deleveraging.
Ray Dalio
Image
When you're centered, your emotions are not hijacking you.
Ray Dalio
Image
I'm scared of people with power making the decision.
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