“Get rid of irrelevant details so that the essential things and the relationships between them stand out.” — Ray Dalio Copy Share Image
“Your highest priority should be the most important issues with the most believable and most relevant parties.” — Ray Dalio Important issues Copy Share Image
“Think through which values, abilities, and skills you are looking for (in that order).” — Ray Dalio Abilities Copy Share Image
“Truth—or, more precisely, an accurate understanding of reality—is the essential foundation for any good outcome.” — Ray Dalio Learning Copy Share Image
I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. — Ray Dalio Copy Share Image
“the greatest success you can have as the person in charge is to orchestrate others to do things well” — Ray Dalio Greatest success Copy Share Image
“Thinking about problems that are difficult to solve may make you anxious, but not thinking about them (and hence not dealing with… — Ray Dalio Anxiety Copy Share Image
“Don’t try to find solutions yet. Your focus in this step is strictly on listing the problems.” — Ray Dalio Focus Copy Share Image
“In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going… — Ray Dalio Customer Copy Share Image
When you're faced with a choice, you have one of three choices that you can have. You can have those with power… — Ray Dalio Believability Copy Share Image
“Keeping people in jobs they are not suited for is terrible for them because it allows them to live in a false… — Ray Dalio False reality Copy Share Image
“I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want.… — Ray Dalio Aging Copy Share Image
“The most meaningful relationships are achieved when you and others can speak openly to each other about everything that’s important, learn together,… — Ray Dalio Meaningful Copy Share Image
“Jeff Bezos described it well when he said, “You have to have a willingness to repeatedly fail. If you don’t have a… — Ray Dalio Copy Share Image
Ironically, people who suppress the mini-confrontations for fear of conflict tend to have huge conflicts later, which can lead to separation, precisely… — 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 Failure 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 Open mind Copy Share Image
“Keep your strategic vision the same while making appropriate tactical changes as circumstances dictate.” — Ray Dalio Dreams Copy Share Image
“Everyone has weaknesses. They are generally revealed in the patterns of mistakes they make.” — Ray Dalio Failure Copy Share Image
“When offered the choice of being fair with you or taking more for themselves, most people will take more for themselves” — Ray Dalio Choice Copy Share Image
“b. To be “good” something must operate consistently with the laws of reality and contribute to the evolution of the whole; that is… — Ray Dalio Copy Share Image
“Inexperienced people can have great ideas too, sometimes far better ones than more experienced people” — Ray Dalio Copy Share Image
“what’s happening in the world, and how that relates to thousands of years of history and the never-changing nature of mankind.” — Ray Dalio History 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
“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
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 cannot emphasize enough how important the selection, training, testing, evaluation, and sorting out of people is.” — Ray Dalio Fitness 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
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
“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
“Remember that in great partnerships, consideration and generosity are more important than money.” — Ray Dalio Generosity 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
“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