It’s senseless to have making money as your goal as money has no intrinsic value — its value comes from what it can buy, and it can’t buy everything.… - Ray Dalio

" "

It’s senseless to have making money as your goal as money has no intrinsic value — its value comes from what it can buy, and it can’t buy everything. It’s smarter to start with what you really want, which are your real goals, and then work back to what you need to attain them. Money will be one of the things you need, but it’s not the only one and certainly not the most important one once you get past having the amount you need to get what you really want.

English
Collect this quote

About Ray Dalio

Raymond Thomas Dalio (born August 8, 1949) is an American investor, billionaire, author, and hedge fund manager, who founded Bridgewater Associates in 1971.

Biography information from Wikiquote

Also Known As

Alternative Names: Raymond Dalio • Raymond Thomas Dalio
Full Quote All quotes from Ray Dalio Similar Quotes by other Originators
Works in ChatGPT, Claude, or Any AI

Add semantic quote search to your AI assistant via MCP. One command setup.

Set Up MCP

Additional quotes by Ray Dalio

The best behaviors one can hope for come from leaders who can weigh the benefits of cooperation, and who have long enough time frames that they can see how the gifts they give this year may bring them benefits in the future.
This quote has a book source. Sign up to see titles and page references
Find Similar
Works in ChatGPT, Claude, or Any AI

Add semantic quote search to your AI assistant via MCP. One command setup.

Set Up MCP
My approach was to hire, train, test, and then fire or promote quickly, so that we could rapidly identify the excellent hires and get rid of the ordinary ones, repeating the process again and again until the percentage of those who were truly great was high enough to meet our needs.
This quote has a book source. Sign up to see titles and page references
Find Similar