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. Ray Dalio cashflowfuture Change image and share on social
Maintain 'baseball cards' and/or 'believability matrixes' for your people. Imagine if you had baseball cards that showed all the performance stats. 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 baseballbelievabilitycall share on social
There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes. Ray Dalio acceptbadeye Change image and share on social
I'm going to give away a lot more than half my money. I'd be happy to give that to the government if the government put together programs that were like I'm giving away to charity, in which I believe the money is effectively used to help people. Ray Dalio charityeffectivelygive share on social
An economy is not a complicated thing; it just has a lot of moving parts. Ray Dalio complicateeconomylot Change image and share on social
Nature is a machine. The family is a machine. The life cycle is like a machine. Ray Dalio cyclefamilylife Change image and share on social
The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets. Ray Dalio betdailydiversify share on social
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 beautifuldebtdeleveraging Change image and share on social
He who lives by the crystal ball will eat shattered glass. Ray Dalio ballcrystaleat Change image and share on social
In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem. Ray Dalio chinadisruptivefinancial Change image and share on social