“People who do this fail because they are stubbornly stuck in their own heads.” — Ray Dalio Copy Share Image
“They move on to fix problems without getting at their root causes, which is a recipe for continued failure.” — Ray Dalio Copy Share Image
“Don’t design jobs to fit people; over time, this almost always turns out to be a mistake.” — Ray Dalio Copy Share Image
“It is a common mistake to move in a nanosecond from identifying a tough problem to proposing a solution” — Ray Dalio Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well.” — Ray Dalio Copy Share Image
“Observe the patterns of mistakes to see if they are products of weaknesses.” — Ray Dalio Copy Share Image
“Understanding what is true is essential for success, and being radically transparent about everything, including mistakes and weaknesses, helps create the understanding… — Ray Dalio Copy Share Image
“If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for… — Ray Dalio Copy Share Image
Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in… — Ray Dalio Copy Share Image
“Clearly assign responsibilities. Eliminate any confusion about expectations and ensure that people view their failures to complete their tasks and achieve their… — Ray Dalio Copy Share Image
“When everybody thinks the same thing—such as what a sure bet the Nifty 50 is—it is almost certainly reflected in the price,… — Ray Dalio Copy Share Image
“I believe that great cultures, like great people, recognize that making mistakes is part of the process of learning, and that continuous… — Ray Dalio Copy Share Image
“You will either learn valuable lessons from your mistakes and press on, better equipped to succeed—or you won’t and you will fail.” — Ray Dalio Copy Share Image
To test if you are worrying too much about looking good, observe how you feel when you find out you've made a… — Ray Dalio Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing… — Ray Dalio Copy Share Image
Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to… — Ray Dalio Copy Share Image
“Learn from success as well as from failure. Radical truth doesn’t require you to be negative all the time. Point out examples… — Ray Dalio Copy Share Image
“Typically, by doing what comes naturally to us, we fail to account for our weaknesses, which leads us to crash. What happens… — Ray Dalio Copy Share Image
I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their… — Ray Dalio Copy Share Image
“Teach and reinforce the merits of mistake-based learning. To encourage people to bring their mistakes into the open and analyze them objectively,… — Ray Dalio Copy Share Image
So I learned that the people who make the most of the process of encountering reality, especially the painful obstacles, learn the… — Ray Dalio Copy Share Image
“I also feared boredom and mediocrity much more than I feared failure. For me, great is better than terrible, and terrible is… — Ray Dalio Copy Share Image
“Everyone fails. Anyone you see succeeding is only succeeding at the things you’re paying attention to—I guarantee they are also failing at… — Ray Dalio Copy Share Image
“But this approach fails in cases where the future is different from the past and you don’t know the cause-effect relationships well… — Ray Dalio Copy Share Image
“I saw that to do exceptionally well you have to push your limits and that, if you push your limits, you will… — Ray Dalio Copy Share Image
“Over the years that followed, I found that most of the extraordinarily successful people I’ve met had similar big painful failures that… — Ray Dalio Copy Share Image
The expression I use: Pain + Reality = Progress. Whenever I would have a painful mistake, I started to view that as… — Ray Dalio Copy Share Image
I believe that our society's "mistake-phobia" is crippling, a problem that begins in most elementary schools, where we learn to learn what… — Ray Dalio Copy Share Image
“Observe the patterns of mistakes to see if they are products of weaknesses. Everyone has weaknesses and they are generally revealed in… — Ray Dalio Copy Share Image
“Looking back on getting fired from Apple in 1985, Steve Jobs said, “It was awful-tasting medicine, but I guess the patient needed… — Ray Dalio Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing… — Ray Dalio Copy Share Image
“If you don’t have a willingness to fail, you’re going to have to be very careful not to invent.” — Ray Dalio Copy Share Image
“Everyone has weaknesses. They are generally revealed in the patterns of mistakes they make.” — Ray Dalio Copy Share Image
“every mistake you make can teach you something, so there’s no end to learning.” — Ray Dalio Copy Share Image
“Remember that when it comes to assessing people, the two biggest mistakes you can make are being overconfident in your assessment and… — Ray Dalio Copy Share Image
“Winston Churchill hit the nail on the head when he said, “Success consists of going from failure to failure without loss of… — Ray Dalio Copy Share Image
“Even experts can make mistakes; my point is simply that it pays to be radically open-minded and triangulate with smart people.” — Ray Dalio Copy Share Image
“Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as a principle.… — Ray Dalio Copy Share
“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Copy Share
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Copy Share
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I… — Ray Dalio Copy Share
I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous. — Ray Dalio Copy Share
“A manager’s ability to recognize when outcomes are inconsistent with goals and then modify designs and assemble people to rectify them makes all the… — Ray Dalio Copy Share
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share
“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10,… — Ray Dalio Copy Share
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio Copy Share
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future… — Ray Dalio Copy Share
Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better… — Ray Dalio Copy Share
“when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one… — Ray Dalio Copy Share
“Great questions are a much better indicator of future success than great answers.” — Ray Dalio Copy Share
