“He who lives by the crystal ball will eat shattered glass”

Dalio mentioned this in 2012 as a response to speculating about interest rate movements. This would also be applicable to any type of prediction in financial markets, which has proven to be all but consistent.
Following an investment style which is based on directional bets, might work a few times, but would not be sustainable for the average investor over a stretch of time.

@RayDalio

#raydalio #dalio