my belief that having an ability to figure things out is more important than having specific knowledge of how to do something. - Ray Dalio

Getting the right people in the right roles in support of your goal is the key to succeeding at whatever you choose to accomplish.

Because most people are more emotional than logical, they tend to overreact to short-term results; they give up and sell low when times are bad and buy too high when times are good. I find this is just as true for relationships as it is for investments — wise people stick with sound fundamentals through the ups and downs, while flighty people react emotionally to how things feel, jumping into things when they’re hot and abandoning them when they’re not.

no system of government, no economic system, no currency, and no empire lasts forever, yet almost everyone is surprised and ruined when they fail.