When you're faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making.
Ray DalioI believe that dreamers who simply imagine things that would be nice but are not possible donโt sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
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 Dalio