Forget about what the technology is. Just understand the motivation behind it. — Ray Dalio Copy Share Image
Nature is a machine. The family is a machine. The life cycle is like a machine. — Ray Dalio Computers Copy Share Image
To make money in the markets, you have to think independently and be humble. — Ray Dalio Copy Share Image
“I saw pain as nature’s reminder that there is something important for me to learn.” — Ray Dalio Nature Copy Share Image
“I also feared boredom and mediocrity much more than I feared failure.” — Ray Dalio Failure Copy Share Image
“the process will inevitably be dominated by the most powerful rather than the most insightful participants,” — Ray Dalio Copy Share Image
“Radically open-minded people know that coming up with the right questions and asking other smart people what they think is as important… — Ray Dalio Open minded Copy Share Image
Each person assesses each other person's credibility on different dimensions, because people are strong and weak in different things. — Ray Dalio Credibility Copy Share Image
The big question is: When will the term structure of interest rates change? That's the question to be worried about. — Ray Dalio Copy Share Image
“Making a handful of good uncorrelated bets that are balanced and leveraged well is the surest way of having a lot of… — Ray Dalio Copy Share Image
“c. Establish clear metrics to make certain that you are following your plan. Ideally, someone other than you should be objectively measuring… — Ray Dalio Data Copy Share Image
“Ultimately, what you need in the people you work with are excellent character and excellent capabilities, which is why it’s so hard… — Ray Dalio Great people Copy Share Image
“I believe that the need to have meaningful work is connected to man’s innate desire to improve.” — Ray Dalio Meaningful Copy Share Image
“Get over “blame” and “credit” and get on with “accurate” and “inaccurate.” Worrying about “blame” and “credit” or “positive” and “negative” feedback… — Ray Dalio Copy Share Image
“Nature gave us one hell of an incentive to have sex in the form of the great pleasure it provides, even though… — Ray Dalio Copy Share Image
“Remember that everyone has opinions and they are often bad. Opinions are easy to produce; everyone has plenty of them and most… — Ray Dalio Opinions Copy Share Image
“Most people see the things around them without considering the forces that created them. In most cases those forces were specific people… — Ray Dalio People change Copy Share Image
“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
“I believe one of the most valuable things you can do to improve your decision making is to think through your principles… — Ray Dalio Decision making Copy Share Image
People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also… — Ray Dalio Copy Share Image
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless,… — Ray Dalio Choices 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
“Think of every decision as a bet with a probability and a reward for being right and a probability and a penalty… — Ray Dalio Decision making Copy Share Image
Radical transparency is critical to having an idea meritocracy because it shows what's actually happening without spin and prevents people from maneuvering… — Ray Dalio Copy Share Image
To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table,… — Ray Dalio Decision Copy Share Image
The expression I use: Pain + Reality = Progress. Whenever I would have a painful mistake, I started to view that as… — Ray Dalio Copy Share Image
“You need to make sure that each one of those steps is done more systematically and purposefully. For example, you should think… — Ray Dalio Esprit de corps Copy Share Image
“Learning how to make decisions in the best possible way and learning to have the courage to make them comes from a)… — Ray Dalio Copy Share Image
One of the things meditation gives you is creativity because creativity really comes from the subconscious brain - intuition, imagination - so… — Ray Dalio Copy Share Image
“the happiest people discover their own nature and match their life to it.” — Ray Dalio Copy Share Image
“it pays to stress-test your thinking, even when you’re pretty sure you’re right.” — Ray Dalio Stress Copy Share Image
I think meditation has been the single biggest reason for whatever success Ive had — Ray Dalio Copy Share Image