The biggest mistake investors make is to believe that what happened in the recent past is likely to persist.
Investors
Ray Dalio
Born in New York in 1949, Ray Dalio founded Bridgewater Associates, one of the largest hedge funds. His debt-cycle theory, risk-parity strategy, and bestselling Principles reshaped institutional investing and leadership.
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Ray Dalio's Other Quotes
If you're not failing, you're not pushing your limits, and if you're not pushing your limits, you're not maximizing your potential.
Pain plus reflection equals progress.
Radical open-mindedness and radical transparency are invaluable for rapid learning and effective change.
He who lives by the crystal ball will eat shattered glass.
Related Quotes
The history of all hitherto existing society is the history of class struggles.
-- Karl Marx
Westward the course of empire takes its way.
-- George Berkeley
You have to understand the business before you understand the stock.
-- Mario Gabelli
Concentration is the key. If you believe in something, you should bet big on it.
-- Bruce Berkowitz
The bulls might be right that the company's accounting is fine, but they're asking us to take it on faith. We prefer to verify.
-- David Einhorn
To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude and pays the greatest ultimate rewards.
-- John Templeton