3 December 2020 Ray Dalio 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.
3 December 2020 Ray Dalio 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.
3 December 2020 Ray Dalio 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.
3 December 2020 Ray Dalio 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.