“even the richest people feel short of the money they need to do the things they want to do.” — Ray Dalio Money Copy Share Image
“To do it well, be sure to avoid the common perils of: 1) valuing your own believability more than is logical and… — Ray Dalio Copy Share Image
“the primary purpose of every living thing is to act as a vessel for the DNA that evolves life through time.” — Ray Dalio Life Copy Share Image
“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential” — Ray Dalio Copy Share Image
“1+1=3. Two people who collaborate well will be about three times as effective as each of them operating independently,” — Ray Dalio Copy Share Image
“If people don’t follow the agreed-upon paths, they don’t have the right to complain about either the people they disagree with or… — Ray Dalio Copy Share Image
“Beware of statements that begin with “I think that . . .” Just because someone thinks something doesn’t mean it’s true.” — Ray Dalio Copy Share Image
“Be willing to “shoot the people you love.” It is very difficult to fire people you care about.” — Ray Dalio Difficult people 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
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
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
“People who are one way on the inside and another way on the outside become conflicted and often lose touch with their… — Ray Dalio Conflicted Copy Share Image
“If you want to have a community of people who have both high-quality, long-term relationships and a high sense of personal responsibility,… — Ray Dalio Community Copy Share Image
When I say I believe in radical truth and radical transparency, all I mean is we take things that ordinarily people would… — Ray Dalio Copy Share Image
“Holding wrong opinions in one’s head and making bad decisions based on them instead of having thoughtful disagreements is one of the… — Ray Dalio Bad decisions Copy Share Image
“I gradually learned that prices reflect people’s expectations, so they go up when actual results are better than expected and they go… — Ray Dalio Copy Share Image
“there are some universal rules for good decision making. They start with: 5.1 Recognize that 1) the biggest threat to good decision making… — Ray Dalio Copy Share Image
There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to… — Ray Dalio Copy Share Image
“If you can be open with your weaknesses it will make you freer and will help you deal with them better. I… — Ray Dalio Weaknesses Copy Share Image
“The best behaviors one can hope for come from leaders who can weigh the benefits of cooperation, and who have long enough… — Ray Dalio Cooperation Copy Share Image
“I believe that great cultures, like great people, recognize that making mistakes is part of the process of learning, and that continuous… — Ray Dalio Continuous learning Copy Share Image
“To me, the greatest success you can have as the person in charge is to orchestrate others to do things well without… — Ray Dalio Copy Share Image
“The challenges you face will test and strengthen you. If you’re not failing, you’re not pushing your limits, and if you’re not… — Ray Dalio Copy Share Image
“Asking others who are strong in areas where you are weak to help you is a great skill that you should develop… — Ray Dalio Skill Copy Share Image
“People with proven track records in a certain area would get more believability, or decision-making weight, within that area. By recording these… — Ray Dalio Baseball Copy Share Image
For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes… — Ray Dalio Copy Share Image
“Whatever circumstances life brings you, you will be more likely to succeed and find happiness if you take responsibility for making your… — Ray Dalio Decision making Copy Share Image
“I myself find the excitement, lower risk, and educational value of achieving a deep understanding of cause-effect relationships much more appealing than… — Ray Dalio Deep understanding Copy Share Image
“Your part in an employee’s personal evolution begins with a frank assessment of their strengths and weaknesses, followed by a plan for… — Ray Dalio Personal evolution Copy Share Image
“To be effective you must not let your need to be right be more important than your need to find out what’s… — Ray Dalio Copy Share Image
“We work with others to get three things: 1) Leverage to accomplish our chosen missions in bigger and better ways than we… — Ray Dalio Better way Copy Share Image
“I’ve often thought that parents and schools overemphasize the value of having the right answers all the time. It seems to me… — Ray Dalio Education Copy Share Image
“you must identify whether they have demonstrated themselves to be extraordinary in some way. The most obvious demonstration is outstanding performance within… — Ray Dalio Demonstrated Copy Share Image
“if you come up with something the world values, you almost can’t help but be rewarded. Conversely, reality tends to penalize those… — Ray Dalio Biology Copy Share Image
“As a result, most people who see the world through the lens of the media tend to look for who is good… — Ray Dalio Copy Share Image
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand there's… — Ray Dalio Copy Share Image
“When you get down to it, our brains are essentially computers that are programmed in certain ways, take in data, and spit… — Ray Dalio Brain Copy Share Image
“Once I understood that it’s all physiological, many things became clearer to me. While I used to get angry and frustrated at… — Ray Dalio Copy Share Image
