“approach the conversation in a way that conveys that you’re just trying to understand.26 Use questions rather than make statements. Conduct the… — Ray Dalio Communication Copy Share Image
“While in the past I would encounter problems, figure out their causes, and design my own ways to get around them, others… — Ray Dalio Mentor Copy Share Image
I'm going to give away a lot more than half my money. I'd be happy to give that to the government if… — Ray Dalio Copy Share Image
“While it’s easier to avoid confrontations in the short run, the consequences of doing so can be massively destructive in the long… — Ray Dalio Conflicts Copy Share Image
I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for… — Ray Dalio Copy Share Image
If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way… — Ray Dalio Better way Copy Share Image
One of the greatest sources of problems in our society arises from people having loads of wrong theories in their heads -… — Ray Dalio Copy Share Image
School typically doesn't prepare young people for real life - unless their lives are spent following instructions and pleasing others. In my… — Ray Dalio Education Copy Share Image
“Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life. They can… — Ray Dalio Habits Copy Share Image
“My approach was to hire, train, test, and then fire or promote quickly, so that we could rapidly identify the excellent hires… — Ray Dalio Fitness Copy Share Image
“If you can think for yourself while being open-minded in a clearheaded way to find out what is best for you to… — Ray Dalio Courage Copy Share Image
“Chances are you won’t have time to deal with the unimportant things, which is better than not having time to deal with… — Ray Dalio Copy Share Image
“I saw that to do exceptionally well you have to push your limits and that, if you push your limits, you will… — Ray Dalio Push Your Limits Copy Share Image
“Distinguish big problems from small ones. You only have so much time and energy; make sure you are investing them in exploring… — Ray Dalio Copy Share Image
“if you can recognize that you have blind spots and open-mindedly consider the possibility that others might see something better than you—and… — Ray Dalio Copy Share Image
“The most valuable habit I’ve acquired is using pain to trigger quality reflections. If you can acquire this habit yourself, you will… — Ray Dalio Habit Copy Share Image
“Ultimately, to help people succeed you have to do two things: First let them see their failures so clearly that they are… — Ray Dalio Failure Copy Share Image
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount… — Ray Dalio Copy Share Image
“Using principles is a way of both simplifying and improving your decision making. While it might seem obvious to you by now,… — Ray Dalio Decision making Copy Share Image
I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I… — Ray Dalio Failure Copy Share Image
“Remember that most people are happiest when they are improving and doing the things that suit them naturally and help them advance.… — Ray Dalio Strength Copy Share Image
“Be imprecise. Understand the concept of “by-and-large” and use approximations. Because our educational system is hung up on precision, the art of… — Ray Dalio Conceptual thinking Copy Share Image
“While I used to get angry and frustrated at people because of the choices they made, I came to realize that they… — Ray Dalio Angry And Frustrated Copy Share Image
“people who have common sense, imagination, and determination, who know what they value and what they want, and who also use computers,… — Ray Dalio Common sense Copy Share Image
“Don’t do work for people in another department or grab people from another department to do work for you unless you speak… — Ray Dalio Leader Copy Share Image
“I urge you to be curious enough to want to understand how the people who see things differently from you came to… — Ray Dalio Copy Share Image
As Harvard developmental psychologist Robert Kegan, who has studied Bridgewater, says, in most work places everyone is working two jobs. The first… — Ray Dalio Copy Share Image
“It is important to determine whether the root cause of a particular problem (“Harry was careless”) is part of a larger pattern… — Ray Dalio Root cause Copy Share Image
Since the only way you are going to find solutions to painful problems is by thinking deeply about them - i.e., reflecting… — Ray Dalio Copy Share Image
“But while almost all of us quickly agreed on the principles intellectually, many still struggled to convert what they had agreed to… — Ray Dalio Copy Share Image
“Over the course of our lives, we make millions and millions of decisions that are essentially bets, some large and some small.… — Ray Dalio Choice Copy Share Image
“go slowly when faced with the choice between two things that you need that are seemingly at odds. That way you can… — Ray Dalio Choice Copy Share Image
I treasure the fact there's media freedom, but with that goes responsibility. I think that there should be a self-regulatory organization and… — Ray Dalio Facts Copy Share Image
“The greatest gift you can give someone is the power to be successful. Giving people the opportunity to struggle rather than giving… — Ray Dalio Gift Copy Share Image
“1. Don’t confuse what you wish were true with what is really true. 2. Don’t worry about looking good—worry instead about achieving your goals.… — Ray Dalio Achieving goals Copy Share Image
“• Identifying, accepting, and learning how to deal with your weaknesses, • Preferring that the people around you be honest with you rather than… — Ray Dalio Copy Share Image