Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
Ray DalioSome people seek to understand, and some people seek to portray what they want to portray.
Ray DalioI'm going to give away a lot more than half my money. I'd be happy to give that to the government if the government put together programs that were like I'm giving away to charity, in which I believe the money is effectively used to help people.
Ray DalioI don't think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
Ray DalioI was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it.
Ray DalioLife is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better at this game through practice. The game consists of a series of choices that have consequences. You can't stop the problems and choices from coming at you, so it's better to learn how to deal with them.
Ray Dalio