economy was about to fall into a depression. The biggest of these mistakes occurred in 1981–’82, when I became convinced that the U.S. He used his own prediction of a depression in the early-1980s as an example: But he has a long track record of worrying about the future that hasn’t really panned out that well.ĭalio penned a piece for Institutional Investor about the importance of knowing when you’re wrong and changing your mind. Ray Dalio may be right to worry about the future. It’s like the exact opposite of people in Silicon Valley who are almost unanimously optimistic about the future. There is always bad news and we hear about that bad news more than any generation in history in the information age.Īnd there is something about finance people that makes them worry more about the downside than the upside. Unfortunately, there are always good reasons to be worried. This is why buy and hold is perhaps the greatest strategy ever invented. Over the long-term, optimism as a strategy is nearly impossible to beat. The stock market is up roughly 3 out of every 4 years, on average. Optimism pays when it comes to investing because, most of the time, markets go up.
I have friends and family members who are more glass-is-half-empty and most of the time it seems like they don’t even realize they lean negative or pessimistic most of the time. I do have plenty of worries but I have a huge amount of faith in the power of the human spirit to figure things out. I do consider myself a glass-is-half-full kind of person. Would be an interesting blog post…Some of the things that keep you up at night. Then you have folks like Ray Dalio & many other respectable figures who are much more cautious on the future and what it will look like…potential destruction and chaos…ie widening wealth gaps, civil unrest, debt, populism, rising & declining powers… I’m curious if you have these thoughts and worries like Ray does or if you aren’t generally too concerned. Blockchain co-inventor Stuart Haber says his technology can improve transparency and assurance in banksĥ.Ray Dalio & The Power of Setting Defaults For Optimismīen, in your writings you tend to lean to the hopeful and positive side of the future, at least it seems. RCap insolvency: Fresh auction for value maximization is not a bad precedent, says AK Law Chambers' Goda RaghavanĤ. Budget 2023: DBS India CFO says simplify TDS, GST compliancesģ.
#Worried inflation are optimism. free#
If you have any thoughts or feedback, please feel free to share them with me at Retail inflation eases marginally to 5.7% in December as food prices softenĢ. Well, I am adding here the top five stories of the week that you shouldn't miss. Click here to join.Īlso, we are holding ETCFO Leadership Summit in Mumbai in February and we already have confirmations from more than 15 CFOs. The second episode will be live on Friday at 2pm on all the social media platforms of ETCFO.
#Worried inflation are optimism. series#
To get a better sense of the current state of the businesses, and their expectations from the government, we are holding a special LIVE series with the CFOs and industry experts on BUDGET Expectations. I think this is a remarkable move to strengthen and expand India’s travel horizon. It will sail from Varanasi after Ganga Aarti. The cruise is already booked for the next two years. The luxury tour will cover 3,200 kilometres covering incredible destinations. The cruise MV Ganga will visit 50 tourist spots and traverse 27 rivers. About 50 per cent want to expand into new domestic markets while 49 per cent are ready to make strategic partnerships/investments.Īpart from this, Prime Minister will launch the world's longest river cruise on Friday. About 67 per cent of business leaders worried about inflation cited raw materials.Īn overwhelming 95 per cent of business leaders are considering investing in renewable sources as a response to the rise in energy prices.Ī majority 66 per cent of business leaders plan to introduce new products/services, while 58 per cent want to expand into new international markets and 55 per cent are looking into adding new distribution channels in the next one year. About 47 per cent are changing production models and 44 per cent are engaging in automation and moving production.Ībout 69 per cent of respondents say supply chain issues are driving up the cost of doing business while it was energy prices for 65 per cent. About 49 per cent are prioritising the most profitable products and 47 per cent are raising prices. About 53 per cent are watching the change in relative prices, while 50 per cent are making changes to purchases.
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