“people’s greatest weaknesses are the flip sides of their greatest strengths.” — Ray Dalio Greatest strength Copy Share Image
“The individual’s incentives must be aligned with the group’s goals.” — Ray Dalio Goals Copy Share Image
“every mistake you make can teach you something, so there’s no end to learning.” — Ray Dalio Education Copy Share Image
“Everyone should be up-front in expressing how confident they are in their thoughts.” — Ray Dalio Confident Copy Share Image
We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments. — Ray Dalio Copy Share Image
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share Image
“It is a fundamental law of nature that in order to gain strength one has to push one’s limits, which is painful.” — Ray Dalio Law of nature Copy Share Image
“those things don’t get much better when you have a lot of money or much worse when you have less. And the” — Ray Dalio Money Copy Share Image
“Don’t let the little things divide you when your agreement on the big things should bind you.” — Ray Dalio Big things Copy Share Image
“The more open- minded you are, the less likely you are to deceive yourself— and the more likely it is that others… — Ray Dalio Honest feedback Copy Share Image
“Radical open- mindedness and radical transparency are invaluable for rapid learning and effective change.” — Ray Dalio Change Copy Share Image
“You need to develop a fierce intolerance of badness of any kind, regardless of its severity.” — Ray Dalio Copy Share Image
“Because we are capable of conscious, memory-based learning, we can evolve further and faster than any other species, changing not just across… — Ray Dalio Learning Copy Share Image
I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong… — Ray Dalio Copy Share Image
“In thinking about the relative importance of great relationships and money, it was clear that relationships were more important because there is… — Ray Dalio Copy Share Image
In the end, what matters most is that the people you work with share your values, so I've wanted people who value… — Ray Dalio Copy Share Image
“there are far fewer types of people in the world than there are people and far fewer different types of situations than… — Ray Dalio Copy Share Image
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss… — Ray Dalio Copy Share Image
“Learn from success as well as from failure. Radical truth doesn’t require you to be negative all the time. Point out examples… — Ray Dalio Failure Copy Share Image
“Watch out for “department slip.” This happens when a support department mistakes its responsibility to provide support with a mandate to determine… — Ray Dalio Copy Share Image
Don't be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other… — Ray Dalio Copy Share Image
“If you are ready to give up everything else and study the whole history and background of the market and all principal… — Ray Dalio Customer Copy Share Image
“Fast talking can be especially effective when it’s used against people worried about appearing stupid. Don’t be one of those people. Recognize… — Ray Dalio Copy Share Image
“It’s senseless to have making money as your goal as money has no intrinsic value—its value comes from what it can buy,… — Ray Dalio Goals Copy Share Image
I believe that our society's "mistake-phobia" is crippling, a problem that begins in most elementary schools, where we learn to learn what… — Ray Dalio Copy Share Image
“Governance is the oversight system that removes the people and the processes if they aren’t working well. It is the process that… — Ray Dalio Checks and balances Copy Share Image
“Most people assume that the challenges that go along with growing a large business are greater than those of growing a smaller… — Ray Dalio Business Copy Share Image
“the incremental benefits of having a lot and being on top are not nearly as great as most people think. Having the… — Ray Dalio Copy Share Image
“Getting a lot of attention for being successful is a bad position to be in.” — Ray Dalio Attention Copy Share Image
“I just want to be right—I don’t care if the right answer comes from me.” — Ray Dalio Copy Share Image
“Play jazz with people with whom you are compatible but who will also challenge you” — Ray Dalio Jazz Copy Share Image
“Understand the differences between managing, micromanaging, and not managing.” — Ray Dalio Leader Copy Share Image
“You don’t want the people you work with to merely pay lip service” — Ray Dalio Lip service Copy Share Image