“Recognize that you don’t need to make judgments about everything” — Ray Dalio Judgments Copy Share Image
“Humility is as important, or even more important, as having the strengths yourself.” — Ray Dalio Humility Copy Share Image
“in order to treat people appropriately you must treat them differently.” — Ray Dalio Copy Share Image
I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which… — Ray Dalio Copy Share Image
“Don’t have anything to do with closed-minded people. Being open-minded is much more important than being bright or smart.” — Ray Dalio Closed minded Copy Share Image
To be successful, we need everyone to think independently and work through disagreement to decide what's best. — Ray Dalio Being successful Copy Share Image
“for my family relative to how much should go to people and causes that are more distant, yet more desperately in” — Ray Dalio Family Copy Share Image
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what… — Ray Dalio Copy Share Image
More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look… — Ray Dalio Copy Share Image
“Maturity is the ability to reject good alternatives in order to pursue even better ones.” — Ray Dalio Aging Copy Share Image
“We diagnosed why in the same way an engineer would diagnose why a machine is operating suboptimally so it could be reengineered… — Ray Dalio Computers Copy Share Image
“Use evaluation tools such as performance surveys, metrics, and formal reviews to document all aspects of a person’s performance.It’s hard to have… — Ray Dalio Communication Copy Share Image
“Recognize that performance in school doesn’t tell you much about whether a person has the values and abilities you are looking for.… — Ray Dalio Education Copy Share Image
“Every leader must decide between 1) getting rid of liked but incapable people to achieve their goals and 2) keeping the nice… — Ray Dalio Achieving goals Copy Share Image
“Having the basics—a good bed to sleep in, good relationships, good food, and good sex—is most important, and those things don’t get… — Ray Dalio Good food Copy Share Image
“Mistakes will cause you pain, but you shouldn’t try to shield yourself or others from it. Pain is a message that something… — Ray Dalio Effective teacher Copy Share Image
Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior… — Ray Dalio Copy Share Image
“Understanding what is true is essential for success, and being radically transparent about everything, including mistakes and weaknesses, helps create the understanding… — Ray Dalio Failure Copy Share Image
“Keep in mind both the rates of change and the levels of things, and the relationships between them. When determining an acceptable… — Ray Dalio Change Copy Share Image
“While making money was good, having meaningful work and meaningful relationships was far better. To me, meaningful work is being on a… — Ray Dalio Around the world Copy Share Image
“By developing a partnership with your computer alter ego in which you teach each other and each do what you do best,… — Ray Dalio Computers Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Better way 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
“An idea meritocracy requires people to do three things: 1) Put their honest thoughts on the table for everyone to see, 2)… — Ray Dalio Decision making Copy Share Image
“Money is a byproduct of excellence, not a goal. Our overriding objective is excellence and constant improvement at Bridgewater. To be clear,… — Ray Dalio Constant improvement 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