Ray Dalio

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.

There are two main drivers of asset class returns - inflation and growth.

There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.

The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless, and harmful to be upset at the problems and choices that come at you (though it’s understandable).

Meditation more than anything in my life was the biggest ingredient of whatever success I've had.

Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?

There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.

Don't worry about looking good - worry about achieving your goals.

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.

When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.

People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.

To make money in the markets, you have to think independently and be humble.

School typically doesn't prepare young people for real life - unless their lives are spent following instructions and pleasing others. In my opinion, that's why so many students who succeed in school fail in life.

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.

Know what your people are like, and make sure they do their jobs excellently.

Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.

There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people

I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.

Successful people ask for the criticism of others and consider its merit.

I notice a difference from the moment I meditate.

When two intelligent parties disagree, that's when the potential for learning and moving ahead begins.