MEDITATION has been taught and practiced for thousands of years. It is utilized as an essential spiritual practice by many religious groups, especially Buddhist Monks & Hindu Yogis. Yes, it has many great benefits for the mind; but even the scientific community is finally giving in to what people have been saying for generations and declaring that meditation also helps to achieve a balance in our emotional & physical bodies as well.
The Beatles, Jerry Seinfeld, Clint Eastwood, Hugh Jackman, Oprah, Rupert Murdoch, and many others have all tauted it’s benefits. And just yesterday (11/12), when speaking at a New York Times Conference, Hedge Fund Genius & the US’s 31st richest man, Ray Dalio, says “he attributes all his success to a daily meditation regimine which he has been doing for twice a day for 44years”.
Ray Dalio, Hedge Fund Genius, Says Meditation Is Secret to His Success
byIBTimesNov 12th 2013 11:51AM Updated Nov 12th 2013 2:27PM
“I’ve been doing it for 44 years, twice a day for 20 minutes,” says Ray Dalio, the guru behind Bridgewater Associates, speaking at Tuesday’s NYTimes Dealbook Conference. “It’s such a great investment … more than any other factor in my success. It opens up the two sides of the brain, brings a creativity and open-mindedness.” He adds, “It allows you to clear your head and bring an equanimity to everything.”
That serenity belied Dalio’s comments, in which he predicted future failures and was pessimistic in his view of the world economy:
- He would not invest in Bitcoins right now, though he says the idea has “a lot of merit.”
- Equities will have a 4 percent return over the next decade
- France is on the verge of being the next basket case of Europe. “As debt rises faster than income, which is continuing in France, there is going to be a rise in debt service payments, and those are going to have a constricting nature on the economy. … It puts France in the category of southern European countries.”
- Though the Fed has done a “masterful job” at providing liquidity in the wake of the financial crisis, Dalio believes that the Fed’s emphasis on printing money is “working with consistently decreasing effect.”
- He doesn’t think that the Fed is going to raise interest rates for at least a few years. “Going forward, most investors are not going to be able to produce alpha,” Dalio says, referring to the return of an investment in excess of its comparable benchmark index. He predicts that investors will move to a more balanced portfolio.
ORIGINAL POST CAN BE FOUND AT: http://www.dailyfinance.com/2013/11/12/ray-dalio-hedge-fund-genius-meditation-secret-success/?icid=maing-grid7%7Cmain5%7Cdl1%7Csec1_lnk3%26pLid%3D405078