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
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.
Interpretation
Distinguishing between desires and reality is crucial for making informed choices.
This quote by Ray Dalio emphasizes the importance of recognizing the difference between our wishes and the actual state of affairs. When individuals allow their desires to cloud their perception of reality, they become prone to making poor decisions based on distorted views rather than facts. True understanding requires an objective approach that aids in making the best choices for oneself.
In practice
This quote can be used during a seminar on decision-making to emphasize the importance of clarity and honesty.
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?
Don't become a victim of yourself. Forget about the thief waiting in the alley; what about the thief in your mind?
It would be the height of absurdity to label ignorance tempered by humility "faith"! (Institutio III.2.3)
Do everything with a mind that lets go. Do not expect praise or reward.
I believe that in every person is a kind of circuit which resonates to intellectual discovery-and the idea is to make that resonance work
I have learned to live each day as it comes, and not to borrow trouble by dreading tomorrow.
My interest in well-being evolved from my interest in decision making - from raising the question of whether people know what they will want in the future and whether the things that people want for themselves will make them happy.
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