A Quote by Ray Dalio

People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
I think it's very important, and I think that what young people will learn from my experience is that even presidents have to do that and there are consequences when you don't. But I also think that there will be a box score, and there will be that one negative, and then there will be the hundreds and hundreds and hundreds of times when the record will show that I did not abuse my authority as president, that I was truthful with the American people.
There will always be a rule. There will be people who break the rules. There will be consequences. We fundamentally think these things will be true for a time. The question becomes, What are the consequences? Who enforces the consequences? What are the worst consequences?
Promptitude is not only a duty, but is also a part of good manners; it is favorable to fortune, reputation, influence, and usefulness; a little attention and energy will form the habit, so as to make it easy and delightful.
The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economists sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups
Only by being permitted to experience the consequences of his actions will the child acquire a sense of responsibility; and within the limits marked by the demands of his safety this must be done.
There is neither past nor future. There is only the present. Yesterday was the present to you when you experienced it, and tomorrow will be also the present when you experience it. Therefore, experience takes place only in the present, and beyond experience nothing exists.
Even after only several weeks of practicing meditation, you will begin to have more energy and be a little bit happier. Eventually, you will experience ecstasy and knowledge beyond the power of words to describe!
What will break me into a million pieces so that I am beyond repair, beyond usefulness?
This was Shakespeare's form ; Who walk'd in every path of human life, Felt every passion ; and to all mankind Doth now, will ever, that experience yield Which his own genius only could acquire.
This was Shakespeare's form; who walked in every path of human life, felt every passion; and to all mankind doth now, will ever, that experience yield which his own genius only could acquire.
Your will is the ego part of you that believes you're separate from others, separate from what you'd like to accomplish or have, and separate from God. It also believes that you are your acquisitions, achievements, and accolades. This ego will wants you to constantly acquire evidence of your importance... On the other hand, your imagination is the concept of Spirit within you. ...with imagination, we have the power to be anything we desire to be.
It is not rejection itself that people fear, it is the possible consequences of rejection. Preparing to accept those consequences and viewing rejection as a learning experience that will bring you closer to success, will not only help you to conquer the fear of rejection, but help you to appreciate rejection itself.
We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis, thus, will be on strategic acquisitions, and we will not be doing it just for the sake of making our name bigger.
Our future may lie beyond our vision, but it is not completely beyond our control. It is the shaping impulse of America that neither fate nor nature nor the irresistible tides of history, but the work of our own hands, matched to reason and principle, that will determine our destiny. There is pride in that, even arrogance, but there is also experience and truth. In any event, it is the only way we can live.
The great blessing of private property, then, is that people can benefit from their own industry and insulate themselves from the negative effects of others' actions. It is like a set of invisible mirrors that surround individuals, households or firms, reflecting back on them the consequences of their acts. The industrious will reap the benefits of their industry; the frugal the consequences of their frugality; the improvident and the profligate likewise. They receive their due, which is to say they experience justice as a matter of routine.
Only free people have an incentive to be virtuous. Only people who bear the consequences of their own acts will care about those consequences and try to learn from their mistakes.
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