I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.
Ray DalioRead
People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.
Interpretation
Distinguishing between desires and reality is crucial for making informed choices.
This quote by Ray Dalio emphasizes the importance of recognizing the difference between our wishes and the actual state of affairs. When individuals allow their desires to cloud their perception of reality, they become prone to making poor decisions based on distorted views rather than facts. True understanding requires an objective approach that aids in making the best choices for oneself.
In practice
This quote can be used during a seminar on decision-making to emphasize the importance of clarity and honesty.
I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.
There are two main drivers of asset class returns - inflation and growth.
There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless, and harmful to be upset at the problems and choices that come at you (though itβs understandable).
Meditation more than anything in my life was the biggest ingredient of whatever success I've had.
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
Hot things, sharp things, sweet things, cold things All rot the teeth, and make them look like old things.
The purpose of today's training is to defeat yesterday's understanding.
How people treat you is their karma; how you react is yours.
I wanted Yoda to be the traditional kind of character you find in fairy tales and mythology. And that character is usually a frog or a wizened old man on the side of the road. The hero is going down the road and meets this poor and insignificant person. The goal or lesson is for the hero to learn to respect everybody and to pay attention to the poorest person because that's where the key to his success will be.
No mistake is so commonly made by clever people as that of assuming a cause to be bad because the arguments of its supporters are, to a great extent, nonsensical
Holding on to anything blocks wisdom.
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