Ray Dalio

I think the basic problem is that everybody thinks they know what the truth is, and sometimes they’re even distorting the truth to make their arguments.

Ray Dalio

I think the media argues all the time with itself.

Ray Dalio

I’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.

Ray Dalio

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

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

Ray Dalio

If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don’t face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.

Ray Dalio

If you don’t own gold, you know neither history nor economics.

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.

Ray Dalio

In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.

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.

Ray Dalio