There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people — Ray Dalio Copy Share Image
“Remember that people are built very differently and that different ways of seeing and thinking make people suitable for different jobs.” — Ray Dalio Copy Share Image
It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future… — Ray Dalio Copy Share Image
“Don’t get frustrated. If nothing bad is happening to you now, wait a bit and it will. That is just reality.” — Ray Dalio Copy Share Image
“Whatever success I’ve had in life has had more to do with my knowing how to deal with my not knowing than… — 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
“How can clothing and nutrition be so severely deficient in this “land of opportunity”?” — Ray Dalio Deficient Copy Share Image
“Force yourself and the people who work for you to do difficult things. It’s a basic law of nature: You must stretch… — Ray Dalio Difficult things Copy Share Image
“Remember that people tend to pick people like themselves, so choose interviewers who can identify what you are looking for. If you’re… — Ray Dalio Copy Share Image
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who… — Ray Dalio Copy Share Image
“Watch out for people who think it’s embarrassing not to know. They’re likely to be more concerned with appearances than actually achieving… — Ray Dalio Copy Share Image
“In my opinion, most organizations overvalue the abilities piece and undervalue the character piece because of a shortsighted focus on getting the… — Ray Dalio Copy Share Image
“Specifying our investment decision-making criteria in algorithms and running historical data through them, or specifying our work principles in algorithms and using… — Ray Dalio Copy Share Image
“By developing a partnership with your computer alter ego in which you teach each other and each do what you do best,… — Ray Dalio Alter ego 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
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio Child Copy Share Image
“Bad outcomes don’t just happen; they occur because specific people make, or fail to make, specific decisions” — Ray Dalio Decision making Copy Share Image
“Logic, reason, and common sense are your best tools for synthesizing reality and understanding what to do about it.” — Ray Dalio Common sense Copy Share Image
“I used to think that memory-based, conscious learning was the most powerful, but I’ve since come to understand that it produces” — Ray Dalio Education Copy Share Image
“make sure that no single bet, or even multiple bets, could cause me to lose more than an acceptable amount.” — Ray Dalio Copy Share Image
“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Problem solving Copy Share Image
“Be an imperfectionist. Perfectionists spend too much time on little differences at the margins at the expense of the important things.” — Ray Dalio Excellence Copy Share Image
In return, society rewards those who give it what it wants. That is why how much money people have earned is a… — Ray Dalio Giving Copy Share Image
“Failing to consider second- and third-order consequences is the cause of a lot of painfully bad decisions,” — Ray Dalio Bad decisions Copy Share Image
“If you continue doing what you think is best when all the evidence and believable people are against you, you’re being dangerously… — Ray Dalio Arrogant Copy Share Image
“everyone is affected when one person is demotivated, treated badly, not given due respect.” — Ray Dalio Respect Copy Share Image
“problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Problem Copy Share Image
“you’re looking for the best answer, not simply the best answer that you can come up with yourself.” — Ray Dalio Copy Share Image
“Evolution is the single greatest force in the universe; it is the only thing that is permanent and it drives everything.” — Ray Dalio Biology Copy Share Image
“Embracing radical truth and radical transparency will bring more meaningful work and more meaningful relationships.” — Ray Dalio Meaningful work Copy Share Image
“I cannot emphasize enough how important the selection, training, testing, evaluation, and sorting out of people is.” — Ray Dalio Fitness Copy Share Image
I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York… — Ray Dalio Copy Share Image
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense. — 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 Failure Copy Share Image
I think the basic problem is that everybody thinks they know what the truth is, and sometimes they're even distorting the truth… — Ray Dalio Argument Copy Share Image
“Remember that in great partnerships, consideration and generosity are more important than money.” — Ray Dalio Generosity Copy Share Image
“The key is having the higher-level perspective to make fast and accurate judgments on what the real risks are without getting bogged… — Ray Dalio Copy Share Image
“While the right design is essential, it is only half the battle. It is equally important to put the right people in… — Ray Dalio Copy Share Image
“Don’t worry about whether or not your people like you and don’t look to them to tell you what you should do.… — Ray Dalio Worry Copy Share Image