When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and… — Ray Dalio Copy Share Image
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful… — Ray Dalio Beautiful Copy Share Image
“Managers who do not understand people's different thinking styles cannot understand how the people working for them will handle different situations.” — Ray Dalio Management Copy Share Image
“The most effective leaders work to 1) open-mindedly seek out the best answers and 2) bring others along as part of that discovery process” — Ray Dalio Leader Copy Share Image
You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. — Ray Dalio Copy Share Image
“Create a Culture in Which It Is Okay to Make Mistakes and Unacceptable Not to Learn from Them” — Ray Dalio Culture Copy Share Image
When two intelligent parties disagree, that's when the potential for learning and moving ahead begins. — Ray Dalio Copy Share Image
“Giving people the opportunity to struggle rather than giving them the things they are struggling for will make them stronger.” — Ray Dalio Copy Share Image
You'll see that excuses like "That's not easy" are of no value and that it pays to "push through it" at a… — Ray Dalio Action Copy Share Image
“Every time you confront something painful, you are at a potentially important juncture in your life—you have the opportunity to choose healthy… — Ray Dalio Painful truth Copy Share Image
Some people have subject matter expertise in one thing. Some people tend to be creative but not reliable, and others are reliable… — Ray Dalio Copy Share Image
For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other… — Ray Dalio Basic needs Copy Share Image
“1. Put our honest thoughts out on the table, 2. Have thoughtful disagreements in which people are willing to shift their opinions as they… — Ray Dalio Disagreements Copy Share Image
With the media, we don't know what's true, and we don't have radical transparency because we're seeing everything through somebody else's eyes.… — Ray Dalio Copy Share Image
It is a law of nature that you must do difficult things to gain strength and power. As with working out, after… — Ray Dalio Copy Share Image
People who worry about looking good typically hide what they don't know and hide their weaknesses, so they never learn how to… — Ray Dalio Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Customer Copy Share Image
“1. Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as… — Ray Dalio Decision making Copy Share Image
“Never rule out a goal because you think it’s unattainable. Be audacious. There is always a best possible path. Your job is… — 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
“Reality exists at different levels and each of them gives you different but valuable perspectives. It’s important to keep all of them… — Ray Dalio Copy Share Image
“d. In designing your organization, remember that the 5-Step Process is the path to success and that different people are good at… — Ray Dalio Copy Share Image
“I gave Wang a copy of Joseph Campbell’s great book The Hero with a Thousand Faces, because he is a classic hero… — Ray Dalio Book Copy Share Image
“Because I believed that the choice was between accelerating inflation and deflationary depression, I was holding both gold (which performs well in… — Ray Dalio Copy Share Image
“Communicate the plan clearly and have clear metrics conveying whether you are progressing according to it.” — Ray Dalio Strategy Copy Share Image
“I read Charles Duhigg’s best-selling book The Power of Habit, which really opened my eyes.” — Ray Dalio Books Copy Share Image
“the satisfaction of success doesn’t come from achieving your goals, but from struggling well.” — Ray Dalio Copy Share Image
“I recommend Richard Dawkins’s and E. O. Wilson’s books on evolution. If I had to pick just one, it would be Dawkins’s… — Ray Dalio Biology Copy Share Image
Look at what caused people to make a lot of money and you will see that usually it is in proportion to… — Ray Dalio Copy Share Image
“Learn how much confidence to have in your people—don’t assume it. No manager should delegate responsibilities to people they don’t know well.” — Ray Dalio Confidence Copy Share Image
“Don’t let fears of what others think of you stand in your way. You must be willing to do things in the… — Ray Dalio Fear Copy Share Image
“The Lessons of History, a 104-page distillation of the major forces through history by Will and Ariel Durant,” — Ray Dalio History Copy Share Image
“Recognize that having an effective idea meritocracy requires that you understand the merit of each person’s ideas.” — Ray Dalio Copy Share Image
“Great cultures bring problems and disagreements to the surface and solve them well, and they love imagining and building great things that… — Ray Dalio Culture Copy Share Image
“all organizations basically have two types of people: those who work to be part of a mission, and those who work for… — Ray Dalio Goals Copy Share Image
“whether or not we could have our cake and eat it too was merely a test of our creativity and character.” — Ray Dalio Copy Share Image
“Have thoughtful disagreements in which people are willing to shift their opinions as they learn,” — Ray Dalio Disagreements Copy Share Image
“when it comes to assessing a candidate’s common sense, vision, creativity, or decision-making abilities, school records are of limited value.” — Ray Dalio Assessing Copy Share Image
“Remember that people who see things and think one way often have difficulty communicating with and relating to people who see things… — Ray Dalio Copy Share Image
“A thorough and accurate diagnosis, while more time-consuming, will pay huge dividends in the future.” — Ray Dalio Copy Share Image
