"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
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"Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.“
-Ray Dalio
posted in Education
Other Quotes by Ray Dalio
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"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
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"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
HomeView Quote
"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
FutureView Quote
"It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow."
-Ray Dalio
FutureView Quote
"I'm selfish, impatient, and a little insecure. I make mistakes, I'm out of control, and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me at my best."
-Marilyn Monroe
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"I have never let my schooling interfere with my education."
-Mark Twain
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"How is it that little children are so intelligent and men so stupid? It must be education that does it."
-Alexandre Dumas
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"It is the mark of an educated mind to be able to entertain a thought without accepting it."
-Aristotle
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"The only person who is educated is the one who has learned how to learn and change."
-Carl Rogers
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"Prejudices, it is well known, are most difficult to eradicate from the heart whose soil has never been loosened or fertilized by education they grow firm there, firm as weeds among stones."
-Charlotte Bronte
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"If you think education is expensive, try ignorance."
-Derek Bok
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