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
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:
-
Our modern states are preparing for war without even knowing the future enemy. -
If we are to better the future we must disturb the present. -
What else does anxiety about the future bring you but sorrow upon sorrow? -
But for me, it is when a student has died. I find the death of a young person the most difficult and painful of times. To explain it to other young people, to see a bright future snuffed out, is just awful. I am haunted by those deaths. -
The ongoing conflict between us has caused heavy suffering to both peoples. The future can and must be different. Both our peoples are destined to live together side by side, on this small piece of land. This reality we cannot change.
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.