Whatever success I've had has been more due to my knowing how to deal with what I don't know than anything I know.

- from Principles for Dealing with the Changing World Order book by Ray Dalio

While history can be told pretty precisely, the future is exactly the opposite. I am not aware of a single case of the future being foretold accurately in any detail.

- from Principles for Dealing with the Changing World Order book by Ray Dalio

My study of history has taught me that nothing is forever other than evolution, and within evolution there are cycles that are like tides that come in and go out and that are hard to change or fight against. To handle these changes well it is essential to know which stage of the cycle one is in and to know timeless and universal principles for dealing with it.

- from Principles for Dealing with the Changing World Order book by Ray Dalio

I'm on a mission to figure out how the world works and to gain timeless and universal principles for dealing with it well. It's both a passion and a necessity for me.

- from Principles for Dealing with the Changing World Order book by Ray Dalio

Everything that has happened and everything that will happen has had and will have determinants that make it happen. If we can understand those determinants, we can understand how the machine works and anticipate what will likely be coming at us next.

- from Principles for Dealing with the Changing World Order book by Ray Dalio

Over the long run the wealth and buying power you have will be a function of how much you produce. That is because real wealth doesn't last long and neither do inheritances. That is why being continuously productive is so important.

- from Principles for Dealing with the Changing World Order book by Ray Dalio

Betting on the future is betting on probabilities and nothing is certain, not even the probabilities. That's just the way it is.

- from Principles for Dealing with the Changing World Order book by Ray Dalio