When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation's lower than expected, bonds go up.
Ray DalioPeople 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.
Ray DalioLook at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
Ray DalioPeople who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
Ray DalioOne of the things meditation gives you is creativity because creativity really comes from the subconscious brain - intuition, imagination - so it's not like you can go there and say, I'm going to go be creative now. Maybe you can, but the real way you get creativity is, you know, you're taking a hot shower and great ideas come to you from the subconscious. Essentially, meditation opens a pipeline between the conscious and the subconscious.
Ray Dalio