1
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
2
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless, and harmful to be upset at the problems and choices that come at you (though it’s understandable).Ray Dalio
3
Nature is a machine. The family is a machine. The life cycle is like a machine.Ray Dalio
4
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
5
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way.Ray Dalio
6
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
7
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