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
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We all have times when we go home at night and pull out our hair and feel misunderstood and lonely and like we're falling. I think the brain is such that there is always going to be something missing. -
If I go into a sandwich shop or anywhere that features 'Today's specials' on a chalkboard more than 10 feet away, I have to ask for a printed menu. I smile at people I don't know on the street and ignore those I do. When at home, I often find myself grabbing my 'back-up' glasses to search for the better-loved pair I have left on top of my dresser. -
Education begins at home and I applaud the parents who recognize that they - not someone else - must take responsibility to assure that their children are well educated. -
My divorce came to me as a complete surprise. That's what happens when you haven't been home in eighteen years. -
I think the advent of the Internet gave us all a big boost, because by the time the Internet became mainstream and you could get it in your home, a lot of us were used to dealing in fan culture, writing to magazines or anything at the back of comic books.
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.