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 earngivemeasure Change image and share on social
I worry about another leg down in the economies causing social disruption because deleveragings can be very painful - it depends on how they're managed. Ray Dalio causedeleveragingsdepend Change image and share on social
I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. Ray Dalio economiceffectmachine Change image and share on social
Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity. Ray Dalio amountapproximatebuy share on social
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. Ray Dalio averagebalanceencourage share on social
I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it. Ray Dalio beatlescenterhear Change image and share on social
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. Ray Dalio causelotmake Change image and share on social
