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 Home
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. Ray Dalio Future
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging. Ray Dalio Positive
In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted. Ray Dalio Society