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
There are two main drivers of asset class returns - inflation and growth.
Interpretation
What this quote means
This quote highlights the two primary factors that influence the performance of investment assets.
Ray Dalio's quote emphasizes that the returns on various asset classes are primarily determined by two key economic factors: inflation and growth. Inflation erodes the purchasing power of money while growth indicates the overall health of an economy, influencing how investments perform over time. Understanding these drivers is crucial for investors in making informed decisions regarding asset allocation and investment strategies.
Themes
Asset ReturnsInflationGrowthInvestmentFinance
In practice
Example use cases
This quote could be used in a financial seminar to illustrate the importance of economic indicators in investment.
More from Ray Dalio
All quotes βThere is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
Ray DalioRead
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).
Ray DalioRead
Meditation more than anything in my life was the biggest ingredient of whatever success I've had.
Ray DalioRead
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?
Ray DalioRead
There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
Ray DalioRead
Similar quotes
Gold is money and nothing else.
J. P. MorganRead
If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.
J. Paul GettyRead
Finance that only talks to itself & deals with each other becomes socially useless
Mark CarneyRead
Eliminate emotion from your investment program.
John C. BogleRead
While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology.
Seth KlarmanRead
We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.
Warren BuffettRead