There are two main drivers of asset class returns - inflation and growth. — Ray Dalio Copy Share Image
If inflation-adjusted interest rates decline in a given country, its currency is likely to decline. — Ray Dalio Copy Share Image
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what… — Ray Dalio Copy Share Image
The big question is: When will the term structure of interest rates change? That's the question to be worried about. — Ray Dalio Copy Share Image
You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. — Ray Dalio Copy Share Image
“In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going… — Ray Dalio Copy Share Image
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 Copy Share Image
It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future… — Ray Dalio Copy Share Image
“short-term interest rates above long-term rates (which was called “inverting the yield curve”). Every time that happened, inflation-hedged assets and the economy… — Ray Dalio Copy Share Image
The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is… — Ray Dalio Copy Share Image
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that… — Ray Dalio Copy Share Image
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that… — Ray Dalio Copy Share Image
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand there's… — Ray Dalio Copy Share Image
“If you are ready to give up everything else and study the whole history and background of the market and all principal… — Ray Dalio Copy Share Image
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that… — Ray Dalio Copy Share Image
“no matter what asset class one held, there would come a time when it would lose most of its value. This included… — Ray Dalio Copy Share Image
“Investors think independently, anticipate things that haven’t happened yet, and put real money at stake with their bets. Policymakers come from environments… — Ray Dalio Copy Share Image
“Bernard Baruch put it well when he said, “If you are ready to give up everything else and study the whole history… — Ray Dalio Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Copy Share Image
I have a bad rote memory, but I tend to learn through my experiences. And then when I went into the markets,… — Ray Dalio Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Copy Share Image
“Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as a principle.… — Ray Dalio Copy Share
“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Copy Share
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Copy Share
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I… — Ray Dalio Copy Share
I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous. — Ray Dalio Copy Share
“A manager’s ability to recognize when outcomes are inconsistent with goals and then modify designs and assemble people to rectify them makes all the… — Ray Dalio Copy Share
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share
“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10,… — Ray Dalio Copy Share
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio Copy Share
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… — Ray Dalio Copy Share
Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better… — Ray Dalio Copy Share
“when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one… — Ray Dalio Copy Share
“Great questions are a much better indicator of future success than great answers.” — Ray Dalio Copy Share
