Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way. – Ray Dalio
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. Thats a beautiful deleveraging. – Ray Dalio
It all comes down to interest rates. As an investor, all youre doing is putting up a lump-sump payment for a future cash flow. – Ray Dalio
Competitiveness is really what it costs you per man-hour to get you what you want. In other words, theres an education level that plays into the mix and so if its inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in. – Ray Dalio
I love my parents. But Im almost 28 and its not fun to be asked, What are you doing today? What do you want for dinner? When are you going to be home? It just makes you feel like a kid. Its this juxtaposition of feeling annoyed and really lucky to have people who love you so much. – Jonah Hill