Ray Dalio

I think so many people are reactive... they see things in a short term way they're right up against it. ↗

— Ray Dalio

#i #i think #many #people #reactive

I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. ↗

— Ray Dalio

#asset #assumes #first #first thing #future

I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it. ↗

— Ray Dalio

#beatles #came #center #had #heard

I worry about another leg down in the economies causing social disruption because deleveragings can be very painful - it depends on how they're managed. ↗

— Ray Dalio

#another #because #causing #depends #disruption

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

#how #i #just #like #machine

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline. ↗

— Ray Dalio

#currency #decline #given #interest #likely

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. ↗

— Ray Dalio

#attention #before #events #happen #important

Almost everything is like a machine. ↗

— Ray Dalio

#everything #like #machine

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted. ↗

— Ray Dalio

#gave #give #how #measure #money

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

#comes #doing #down #flow #future