“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share Image
“Don’t have anything to do with closed-minded people. Being open-minded is much more important than being bright or smart.” — Ray Dalio Copy Share Image
“Radically open-minded people know that coming up with the right questions and asking other smart people what they think is as important… — Ray Dalio Copy Share Image
“The more open- minded you are, the less likely you are to deceive yourself— and the more likely it is that others… — 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
“If you can think for yourself while being open-minded in a clearheaded way to find out what is best for you to… — Ray Dalio Copy Share Image
“It doesn’t pay to be open-minded with everyone. Instead, spend your time exploring ideas with the most believable people you have access… — Ray Dalio Copy Share Image
“To be radically open-minded you must: a. Sincerely believe that you might not know the best possible path and recognize that your ability… — Ray Dalio Copy Share Image
“Open-minded people genuinely believe they could be wrong; the questions that they ask are genuine. They also assess their relative believability to… — Ray Dalio Copy Share Image
“Closed-minded people say things like “I could be wrong . . . but here’s my opinion.” This is a classic cue I hear all the… — Ray Dalio Copy Share Image
“Find the most believable people possible who disagree with you and try to understand their reasoning. Having open-minded conversations with believable people… — Ray Dalio Copy Share Image
“If you’re willing to confront reality, accept the pain that comes with doing so, and follow the 5-Step Process to drive yourself… — Ray Dalio Copy Share Image
To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table,… — Ray Dalio Copy Share Image
“Learning how to make decisions in the best possible way and learning to have the courage to make them comes from a)… — Ray Dalio Copy Share Image
“For me, there is really only one big choice to make in life: Are you willing to fight to find out what’s… — Ray Dalio Copy Share Image
Distinguish open-minded people from closed-minded people. Open-minded people seek to learn by asking questions; they realize that what they know is little… — 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
