I think it is in the nature of individuals and individual entities not to self-correct. — Ray Dalio Copy Share Image
Know what your people are like, and make sure they do their jobs excellently. — Ray Dalio Jobs Copy Share Image
“Have the clearest possible reporting lines and delineations of responsibilities.” — Ray Dalio Clearest Copy Share Image
The media has the power to create an entrenched perception of reality that's incorrect. — Ray Dalio Journalism Copy Share Image
“Listening to uninformed people is worse than having no answers at all.” — Ray Dalio Copy Share Image
“Know that the most constant struggle is between feeling and thinking.” — Ray Dalio Adversity 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
“Don’t assume that a person who has been successful elsewhere will be successful in the job you’re giving them. No” — Ray Dalio Copy Share Image
“Most of life’s greatest opportunities come out of moments of struggle; it’s up to you to make the most of these tests… — Ray Dalio Creativity Copy Share Image
“Everything important in your life needs to be on a trajectory to be above the bar and headed toward excellent at an… — Ray Dalio Copy Share Image
“Reality, in turn, will send you loud signals about how well your principles are working by rewarding or punishing you, so you… — Ray Dalio Education Copy Share Image
“Getting the right people in the right roles in support of your goal is the key to succeeding at whatever you choose… — Ray Dalio Goals Copy Share Image
Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in… — Ray Dalio Copy Share Image
“Beware of group-think: The fact that no one seems concerned doesn’t mean nothing is wrong.” — Ray Dalio Copy Share Image
“Use “double-do” rather than “double-check” to make sure mission-critical tasks are done correctly. Double-checking has a much higher rate of errors than… — Ray Dalio Copy Share Image
“Successful people are those who can go above themselves to see things objectively and manage those things to shape change. f. Asking others… — Ray Dalio Skill Copy Share Image
“Teach and reinforce the merits of mistake-based learning. To encourage people to bring their mistakes into the open and analyze them objectively,… — Ray Dalio Education Copy Share Image
“If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for… — Ray Dalio Failure 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
The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is… — Ray Dalio Copy Share Image
“Leonard Mlodinow, in his excellent book Subliminal, writes, “We usually assume that what distinguishes us [from other species] is IQ. But it… — Ray Dalio Books 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
“But this approach fails in cases where the future is different from the past and you don’t know the cause-effect relationships well… — Ray Dalio Failure Copy Share Image
“I also feared boredom and mediocrity much more than I feared failure. For me, great is better than terrible, and terrible is… — Ray Dalio Failure 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 Failure Copy Share Image
This is my year of transition from what I'm calling the second phase of my life to the third phase of my… — Ray Dalio Being successful Copy Share Image
“If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for… — Ray Dalio Failure Copy Share Image
“Just before Thanksgiving, I met with Bunker Hunt, then the richest man in the world, at the Petroleum Club in Dallas. Bud… — Ray Dalio Middle east Copy Share Image
The meaningful work and the meaningful relationships are, to me, comparable rewards. I think being on a mission to do something great… — Ray Dalio Caring Copy Share Image
“Over the years that followed, I found that most of the extraordinarily successful people I’ve met had similar big painful failures that… — Ray Dalio Failure Copy Share Image
“decision making is a two-step process (first learning and then deciding).” — Ray Dalio Copy Share Image
“People who do this fail because they are stubbornly stuck in their own heads.” — Ray Dalio Failure Copy Share Image