............................with Ray Dalio:
No system of government, no economic system, no currency, and no empire lasts forever, yet almost everyone is surprised and ruined when they fail.
To see the big picture, you can't focus on the details.
What I don't know is much greater than what I know.
I have been wrong more times than I can remember, which is why I value diversification of my bets above all else,
. . . throughout time and in all countries, the people who have the wealth are the people who own the means of wealth production. In order to maintain or increase their wealth, they work with the people who have the political power, who are in a symbiotic relationship with them, to set and enforce rules.
-All quotes culled from the early-going of his book, Principles for Dealing with The Changing World Order
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