The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets. Ray Dalio More Quotes by Ray Dalio More Quotes From Ray Dalio With the media, we don't know what's true, and we don't have radical transparency because we're seeing everything through somebody else's eyes. There's no other industry that has as much power and as much freedom and as little quality control. I can't imagine how anyone could not think that's a problem. Ray Dalio media eye thinking There was an inappropriate, mistaken desire to tighten monetary policy at a level that was faster than the capital markets could handle, and as a result there was a correction. Ray Dalio top-news It's painful in the moment sometimes, people are not used to those things. Ray Dalio business I need that challenge, i get literally thousands of negative dots all the time - and I reward people for that. Ray Dalio business It is a culture, but it's the opposite of a cult. Ray Dalio business By bringing it all to the surface, particularly disagreements to the surface, it's very powerful. Ray Dalio business As part of my transition process we are constantly trying to determine the proper mix of responsibilities among our executive team. Ray Dalio company-news The ability of central banks to ease is limited, at a time when the risks are more on the downside than the upside and most people have a dangerous long bias, said differently, the risks of the world being at or near the end of its long-term debt cycle are significant. Ray Dalio business These long-term debt cycle forces are clearly having big effects on China, oil producers, and emerging countries which are overly indebted in dollars and holding a huge amount of dollar assets - at the same time as the world is holding large leveraged long positions. Ray Dalio business Our risk is that they could be so committed to their highly advertised tightening path that it will be difficult for them to change to a significantly easier path if that should be required. Ray Dalio business What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. Ray Dalio your understand you growth So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business? Ray Dalio you nature business work
