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Ray Dalio

@RayDalio

6 Jun

The principle that I find most relevant now is pain+reflection=progress. I am personally finding that the deep reflections that I’m going through - with the help of wise people who have different perspectives - to be very helpful in putting what’s happening in perspective...(1/4)

...and refining my principles about what I should do to deal with my circumstances better. So I recommend that you also reflect deeply and think about what are the principles that will help you deal with these circumstances and circumstances like it...(2/4)

...that probably will arise in the future. If you want a place to write and save your principles, you can use the Principles In Action app that's available for free in the Apple App Store. (3/4)

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Ray Dalio

@RayDalio

19 May

https://twitter.com/PartnershipCT/status/1262782526466162690

I regret to inform you that my wife and I, in agreement with Governor Lamont, are terminating our Partnership with the State of Connecticut in which we and the State would partner to help disengaged and disconnected students to get through high school and into jobs. (1/4)

https://twitter.com/PartnershipCT/status/1262782526466162690

It’s tragic that this partnership is ending because of the bad behavior of a couple of people operating in the broken political environment that now exists in the State of Connecticut and despite many great people working together to help these children. (2/4)

Though we won’t provide this support within the Partnership, my wife Barbara and I have decided to maintain our $100M commitment to these students and will continue to work with those who are on this mission with us. (3/4)

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Ray Dalio

@RayDalio

11 Mar

@jtgaut17

@jtgaut17 @FT I don’t think we disagree. Let’s see. I believe that using money and debt creation to pump up the economy is both unavoidable to prevent disastrous results and the main reason for our biggest problems. The accumulation of these pump-ups makes the long term debt cycle which...

@jtgaut17

@jtgaut17 @FT ...pushes up debts and pushes down interest rates until that reaches its limit when interest rates can’t be lowered any more (i.e. when what I call Monetary Policy 1 no longer works, and when printing money and buying financial assets, which I call Monetary Policy 2...

@jtgaut17

@jtgaut17 @FT ...no longer works). That is where we now are in the long term debt cycle. Then policy makers have to use what I call Monetary Policy 3 which is explained in my book “Big Debt Crises” which you can get for free as a pdf or buy on Amazon.

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Ray Dalio

@RayDalio

12 Feb

Clarification: It was reported that I said that I believe that that reports of the Coronavirus are exaggerated. This was a misleading characterization of an answer I gave when asked what I thought of the virus, so let me clarify what I said and think. (1/4)

I think that I am a “dumb shit” relative to experts on the subject so I shouldn’t be asked, but if I were to guess, there is a wide range of possible outcomes. (2/4)

I think the most likely outcome is that this virus will be a larger version of SARS that will have a significant temporary effect but won’t have a big long term influence, so the downward market price moves related to it are probably becoming exaggerated. (3/4)

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Ray Dalio

@RayDalio

3 Feb

Thank you all for your overwhelming support and your understanding of my particular experience as a result of The Wall Street Journal’s lack of quality control. However, don’t worry about me as I will be fine. (1/4)

Worry about the state of media, the lack of controls on its quality, and what the resulting false or distorted news means for our society. My case is just one of thousands that transpire in the way I described. (2/4)

The main reason I wanted to draw your attention to it is because I’m in a position to describe this very typical case knowledgeably. I constantly hear of other similar cases that those involved are unwilling to publicly describe because... (3/4)

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Ray Dalio

@RayDalio

9 Jan

@DiogoLuizDuart1

@DiogoLuizDuart1 Realize that your success comes from learning in pursuit your goal. In other words, in pursuit of your goal, you learn, which brings you closer to your goal and is even more valuable than whatever goal that you’re going after. (1/4)

@DiogoLuizDuart1

@DiogoLuizDuart1 So, if you fail and you learn, and if you do that repeatedly and well, you will come closer and closer to achieving your goal. At the same time your goal will evolve so that your learnings, your achievements, and your goal will increasingly converge. (2/4)

@DiogoLuizDuart1

@DiogoLuizDuart1 Ironically, if you achieve your goal, you won’t be satisfied for long. You will soon set a new goal and start the process again, so the reward of achieving the goal won’t be as rewarding as doing this evolving well. Just approach your journey well and evolve well, and... (3/4)

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