“a. Get over “blame” and “credit” and get on with “accurate” and “inaccurate.” — Ray Dalio Copy Share Image
“The two biggest barriers to good decision making are your ego and your blind spots.” — Ray Dalio Barriers Copy Share Image
“Evolving is life’s greatest accomplishment and its greatest reward.” — Ray Dalio Evolution Copy Share Image
“beneficial change begins when you can acknowledge and even embrace your weaknesses.” — Ray Dalio Copy Share Image
If you don't own Gold, you know neither history nor economics. — Ray Dalio Economics Copy Share Image
When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up. — Ray Dalio Customer Copy Share Image
“nature optimizes for the whole, not for the individual, but most people judge good and bad based only on how it affects… — Ray Dalio Good and bad Copy Share Image
“Never say anything about someone that you wouldn’t say to them directly and don’t try people without accusing them to their faces.” — Ray Dalio Copy Share Image
“Don’t just pay attention to your job; pay attention to how your job will be done if you are no longer around.” — Ray Dalio Attention Copy Share Image
“It is a fundamental law of nature that you get stronger only by doing difficult things.” — Ray Dalio Difficult things Copy Share Image
“In picking people for long-term relationships, values are most important, abilities come next, and skills are the least important.” — Ray Dalio Relationship Copy Share Image
“It doesn’t matter what you do with your life, as long as you are doing what is consistent with your nature and… — Ray Dalio Aspirations Copy Share Image
“Because our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual… — Ray Dalio Conceptual thinking Copy Share Image
“1.6 Understand nature’s practical lessons. a. Maximize your evolution. b. Remember “no pain, no gain.” c. It is a fundamental law of nature that in… — Ray Dalio Biology Copy Share Image
“An organization is a community with a set of shared values and goals. Its morale and smooth functioning should always take precedence… — Ray Dalio Goals Copy Share Image
“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and… — Ray Dalio Computers 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 Failure Copy Share Image
“Thinking about problems that are difficult to solve may make you anxious, but not thinking about them (and therefore not dealing with… — Ray Dalio Anxiety Copy Share Image
“The key is to fail, learn, and improve quickly. If you’re constantly learning and improving, your evolutionary process will be ascending. Do… — Ray Dalio Evolving Copy Share Image
I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of… — Ray Dalio Copy Share Image
Over time, it also became important for me to share my management principles with the people I worked with because we had… — Ray Dalio Copy Share Image
“As a result, I tended to hire people who were the same way—who would dive right into challenges, figure out what to… — Ray Dalio Common sense Copy Share Image
“It’ll be decades—and maybe never—before the computer can replicate many of the things that the brain can do in terms of imagination,… — Ray Dalio Computers Copy Share Image
“Learning to meditate helped too. When the Beatles visited India in 1968 to study Transcendental Meditation at the ashram of Maharishi Mahesh… — Ray Dalio Coming home Copy Share Image
“I didn’t value experience as much as character, creativity, and common sense, which I suppose was related to my having started Bridgewater… — Ray Dalio Common sense 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 Connecting the dots Copy Share Image
In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm… — Ray Dalio Boss Copy Share Image
Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around… — Ray Dalio Accountability Copy Share Image
“Avoid the anonymous “we” and “they,” because they mask personal responsibility. Things don’t just happen by themselves—they happen because specific people did… — Ray Dalio Personal accountability Copy Share Image
We don't have ways of resolving the arguments in idea meritocratic way. — Ray Dalio Argument Copy Share Image
“Consider second- and third-order consequences, not just first-order ones” — Ray Dalio Consequences Copy Share Image
“Distinguish between idle complaints and complaints meant to lead to improvement” — Ray Dalio Complaints Copy Share Image
I think so many people are reactive... they see things in a short term way they're right up against it. — Ray Dalio Copy Share Image
“you need to weigh first-order consequences against second- and third-order consequences, and base your decisions not just on near-term results but on… — Ray Dalio Consequences Copy Share Image