I have often wondered what it is an old building can do to you when you happen to know a little about things that went on long ago in that building.

A family is one of nature's solubles; it dissolves in time like salt in rainwater.

Ironically, societies characterized by a complex division of labor are often marked by inequality and support large specialized armies. Precisely these “civilized” societies are likely to resort to savage violence in their attempts to conquer “primitive” societies.22

There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That&#39;s a beautiful deleveraging.

If it didn&#39;t happen in your life before, then you&#39;re not paying attention you don&#39;t think it&#39;s possible. But almost all important events never happen in your life before.

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

Ray Dalio

Quotes by Ray Dalio

Written By Ray Dalio

Written By Ray Dalio

Written By Ray Dalio

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