Opinions are easy to produce; everyone has plenty of them and most people are eager to share them--even to fight for them. Unfortunately many are worthless or even harmful, including a lot of your own.

#principleoftheday #raydalio #success

@RayDalio

⭐️ IT if it was helpful insight for you

https://www.youtube.com/watch?v=S0j8_1t1c1A

“He who lives by the crystal ball will eat shattered glass”

Dalio mentioned this in 2012 as a response to speculating about interest rate movements. This would also be applicable to any type of prediction in financial markets, which has proven to be all but consistent.
Following an investment style which is based on directional bets, might work a few times, but would not be sustainable for the average investor over a stretch of time.

@RayDalio

#raydalio #dalio

Aligning what you say with what you think and what you think with what you feel will make you much happier and much more successful. Thinking solely about what’s accurate instead of how it is perceived pushes you to focus on the most important things. It helps you sort through people and places because you’ll be drawn to people and places that are open and honest. It’s also fairer to those around you: Making judgments about people so that they are tried and sentenced in your head, without asking for their perspective, is both unethical and unproductive. Having nothing to hide relieves stress and builds trust. #principleoftheday

@RayDalio