Author: Ray Dalio

Quotes

Nature is a machine. The family is a machine. The life cycle is like a machine.

Nature is a machine. The family is a machine. The life cycle is like a machine.

- Ray Dalio

I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.

I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.

- Ray Dalio

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.

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

If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important events never happen in your life before.

If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important events never happen in your life before.

- Ray Dalio

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.

- Ray Dalio

Treat your life like a game.

Treat your life like a game.

- Ray Dalio

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