Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
And so when you know that, and then with your character and your determination, you go forward.
The smartest people I know are the most humble.
The more you learn, the more you realize, oh, I'm eager to take in.
So that's right.
But back on your audience.
I think your audience ranges from, you know, there's a wide range that you have in your audience.
And I would say that there are many people in your audience who can plan for a simple lifestyle that can be wonderful.
Sometimes we acquire these needs that aren't at anywhere near as big as we make them out to be.
You know, do you have a bed to sleep in?
Do you have food to eat?
Do you have basic health care?
Okay, if you start to think, okay, what are my needs that I really need and I'm okay, and how can I make provisions for those needs, then once you've got that in your mind, you're free, okay?
You can go beyond that.
You may say, listen, oh, I can do that for a year or two years or a month or whatever.
But I think we visualize too much the things that we're used to.
One of the good things about this exercise is that it brings you back to basics.
You can be brought to basics.
And like I'm saying, if you have a bed to sleep in and you've got food,
and so on and you have those basics and and good relationships with people who care about you and basic health care so if you budget for that and you figure how do you have it maybe it isn't in the luxurious place you're in maybe it's in the country and so on once you visualize that and you get that down in your head and you say oh i can get that
then your stress will disappear because you as you visualize that in many ways that's a happy life it doesn't take a lot to there's stimulation there's nature there's relationships these fundamental wonderful things the most important things can be obtained and so for many of you i think if you look at that and you budget for that i'm seeing a number of people