Ray Dalio

There are two main drivers of asset class returns – inflation and growth.

Ray Dalio

There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.

Ray Dalio

To be successful, we need everyone to think independently and work through disagreement to decide what’s best.

Ray Dalio

To make money in the markets, you have to think independently and be humble.

Ray Dalio

Treat your life like a game.

Ray Dalio

When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.

Ray Dalio

You don’t want the people you work with to merely pay lip service to your community’s rules; they should have a high sense of ethics that makes them want to abide by them and hold others accountable for abiding by them, while also working to perfect them.

Ray Dalio

You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.

Ray Dalio