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
Know what you own, and know why you own it.
-- Peter Lynch
Invest in what you know.
-- Peter Lynch
You can't predict. You can prepare.
-- Howard Marks
The most important thing is being attentive to cycles.
-- Howard Marks
The most important investment decision you will make is how to allocate your assets.
-- David F. Swensen
Investors should pay attention to what they own, not simply to the overall return of their portfolio.
-- David F. Swensen