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.
Ray DalioRead
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.
Interpretation
Financial success often correlates with the value one provides to society.
In this quote, Ray Dalio emphasizes the connection between wealth creation and fulfilling societal needs. He suggests that individuals who achieve significant financial success typically do so by producing goods or services that society demands, indicating that economic prosperity is often a reflection of one's contribution to the greater good.
In practice
In a business seminar to emphasize the importance of creating value.
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 itβs 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?
All companies that grow really big do so in only one way: people recommend the product or service to other people.
How you played in yesterday's game is all that counts.
So much easier to aim for the smallest possible audience, not the largest, to build long-term value among a trusted, delighted tribe, to create work that matters and stands the test of time.
I have made it possible for many colored women to abandon the washtub for a more pleasant and profitable occupation.
The life which men praise and regard as successful is but one kind. Why should we exaggerate any one kind at the expense of the others?
I never waited 27 years, because 27 years ago I was just born. My parents never told me, 'If you don't win Roland Garros we take you to the orphanage.
Subscribe for the occasional hand-picked quote. No noise.