Ray Dalio

I think in terms of any environment, the lessons that we get over and over again is that you can't be sure what the next environment and twists and turns are.

What you don't know is greater than anything you do know.

So if you were in the airline business or you were in the hospitality business,

And that was wonderful.

And you liked it and everything else.

All of a sudden, that changed in important ways.

So the important thing are the more general abilities in terms of investing.

What that means is you need to know how to diversify.

Well, that's the most important thing in terms of any aspect in life.

To know how to deal with what you don't know is more important than anything, you know, because the world is so much more surprising than you can really be sure of.

So in a general sense for skills, I mean, I think and skills are part of what are your environment, you know, find out those things that are that are self-sufficient and maintain flexibility.

You have to know how to maintain flexibility and change well.

If your career is in one area, you have to develop the skill for changing a career.

And that all comes down to knowing how to find the path, to know how to triangulate well with others.

Well, for me, it's a lot the alignment of the three things that I said before.

What is my passion?

Then, you know, knowing my nature, what is my passion?

And can I align my work to my passion?

And then does it pay adequately for me to take care of my needs?

And for me, I do that because it's my passion, you know.