A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there … - Ray Dalio

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Astrologically, at that age, you experience a Saturn return. It is considered an auspicious time to "reboot" your life. It's a chance to have a clean start and move forward into something very exciting.

Ray Dalio

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.

Balance, Beautiful, Certain, Done, Three

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More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look at themselves and others objectively

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To make money in the markets, you have to think independently and be humble.

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Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around you for help - or even ask them to do the things you don't do well. In other words, there is almost no reason not to succeed if you take the attitude of 1) total flexibility - good answers can come from anyone or anywhere (and in fact, as I have mentioned, there are far more good answers 'out there' than there are in you) and 2) total accountability: regardless of where the good answers come from, it's your job to find them.

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Be wary of the arrogant intellectual who comments from the stands without having played on the field.

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The more you think you know, the more closed-minded you'll be.

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