Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.
Ray Dalio
More from: Ray Dalio
DOWNLOAD
You are free to use this picture for any purpose including commercial. A credit linking back to this page is appreciated.
Similar Quotes:
-
I was delighted to not go to university. I couldn't wait to be out of education. -
I made education the highest priority of my campaign - actually education and jobs - and the reason is a simple one: I think the future of America depends on it. -
The world we build tomorrow is born in the stories we tell our children today. Politics moves the pieces. Education changes the game. -
Well, we lost a lot of our independence already. We are dependent on China for credit. We are dependent on Middle Eastern countries for energy supplies. And many Americans are dependent on the government for their income, health care, education of their children, food stamps. -
I was really fortunate growing up to have a broad musical education. My parents listened to all kinds of music, rock, soul, Motown, jazz, Frank Sinatra, everything.
More quotes by Ray Dalio
- Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.
- 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.
- 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.
- 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.
- 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.