Phrase by 'Ray Dalio'
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I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one's strengths and weaknesses are.
Author: Ray Dalio - American BusinessmanBelieve , Problem , Humanity , Ego
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.
Author: Ray Dalio - American BusinessmanYou , Doing , Down , Future
He who lives by the crystal ball will eat shattered glass.
Author: Ray Dalio - American BusinessmanWill , Eat , Glass , Crystal
I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.
Author: Ray Dalio - American BusinessmanMe , Day , Feel , Tired
Pull in your belt, spend less, and reduce debt.
Author: Ray Dalio - American BusinessmanYour , Debt , Spend , Belt
Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods.
Author: Ray Dalio - American BusinessmanYou , Best , Mistake , Economics
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.
Author: Ray Dalio - American BusinessmanYou , Education , Words , Good
Nature is a machine. The family is a machine. The life cycle is like a machine.
Author: Ray Dalio - American BusinessmanLife , Family , Like , Nature
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.
Author: Ray Dalio - American BusinessmanYou , People , Home , Way
So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business?
Author: Ray Dalio - American BusinessmanYou , Work , Business , Nature
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The ocean is the lifeblood of our world. If we were to lose our fish that we appreciate so much by overfishing; or if we were to lose some of our favorite beaches to overbuilding and pollution, then how would we feel? It's become a case of not knowing what you've got until it's gone. (Aaron Peirsol)Affiliated links: In case you want to support this project, you can do it by using these links. There will be no cost to you and they may be a little help to the creativity of this project.
