--- title: "3 Better way Quotes By Ray Dalio" description: "3 Better way quotes by Ray Dalio. Plus more from Ray Dalio and more Better way sayings from other authors." image: "https://sms4smile.com/quotes/i/2d7/ray-dalio-299_better-way_we-work-with-others-to-get-three-things_1783455.jpg" --- > [“We work with others to get three things: 1) Leverage to accomplish our chosen missions in bigger and better ways than we…](https://sms4smile.com/quotes/ray-dalio/we-work-with-others-to-get-three-things-1-leverage-to-accomplish-our/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) [Image](https://sms4smile.com/quotes/i/2d7/ray-dalio-299_better-way_we-work-with-others-to-get-three-things_1783455.jpg) > [If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way…](https://sms4smile.com/quotes/ray-dalio/if-you-can-stare-hard-at-your-problems-they-almost-always-shrink-or/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) [Image](https://sms4smile.com/quotes/i/e6e/ray-dalio-299_better-way_if-you-can-stare-hard-at-your-problems-t_2396493.jpg) > [“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you…](https://sms4smile.com/quotes/ray-dalio/making-money-in-the-markets-is-tough-the-brilliant-trader-and-2/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) [Image](https://sms4smile.com/quotes/i/4ab/ray-dalio-299_better-way_making-money-in-the-markets-is-tough-the_2896174.jpg) ## Other authors on Better way - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-bill-gates-17911.jpg) Bill Gates 5 quotes ](https://sms4smile.com/quotes/about/better-way/bill-gates/) ## More by Ray Dalio > [“Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as a principle.…](https://sms4smile.com/quotes/ray-dalio/slow-down-your-thinking-so-you-can-note-the-criteria-you-are-using-to/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.”](https://sms4smile.com/quotes/ray-dalio/having-a-process-that-ensures-problems-are-brought-to-the-surface-and/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“If you can’t successfully do something, don’t think you can tell others how it should be done”](https://sms4smile.com/quotes/ray-dalio/if-you-can-t-successfully-do-something-don-t-think-you-can-tell/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“Remember that a good plan should resemble a movie script.”](https://sms4smile.com/quotes/ray-dalio/remember-that-a-good-plan-should-resemble-a-movie-script/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I…](https://sms4smile.com/quotes/ray-dalio/i-believe-that-the-key-to-success-lies-in-knowing-how-to-both-strive/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous.](https://sms4smile.com/quotes/ray-dalio/i-m-scared-of-one-man-one-vote-because-it-suggests-that-everybody-has/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“A manager’s ability to recognize when outcomes are inconsistent with goals and then modify designs and assemble people to rectify them makes all the…](https://sms4smile.com/quotes/ray-dalio/a-manager-s-ability-to-recognize-when-outcomes-are-inconsistent-with/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“So I learned to be radically open-minded to allow others to point out what I might be missing.”](https://sms4smile.com/quotes/ray-dalio/so-i-learned-to-be-radically-open-minded-to-allow-others-to-point-out/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10,…](https://sms4smile.com/quotes/ray-dalio/during-those-terrible-days-after-9-11-when-the-whole-country-was/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“is more effective to train that subconscious, emotional you the same way you would teach a child to behave”](https://sms4smile.com/quotes/ray-dalio/is-more-effective-to-train-that-subconscious-emotional-you-the-same/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future…](https://sms4smile.com/quotes/ray-dalio/i-think-that-the-first-thing-is-you-should-have-a-strategic-asset/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better…](https://sms4smile.com/quotes/ray-dalio/life-is-like-a-game-where-you-seek-to-overcome-the-obstacles-that/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one…](https://sms4smile.com/quotes/ray-dalio/when-we-look-down-on-ourselves-through-the-eyes-of-nature-we-are-of/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“Great questions are a much better indicator of future success than great answers.”](https://sms4smile.com/quotes/ray-dalio/great-questions-are-a-much-better-indicator-of-future-success-than/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [“Georgi Plekhanov’s classic On the Role of the Individual in History.”](https://sms4smile.com/quotes/ray-dalio/georgi-plekhanov-s-classic-on-the-role-of-the-individual-in-history/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/better-way/ray-dalio/#itemlist", "name": "3 Better way Quotes By Ray Dalio", "numberOfItems": 3, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "“We work with others to get three things: 1) Leverage to accomplish our chosen missions in bigger and better ways than we could alone. 2) Quality relationships that together make for a great community. 3) Money that allows us to buy what we need and want for ourselves and others.”", "creator": { "@type": "Person", "name": "Ray Dalio" }, "url": "https://sms4smile.com/quotes/ray-dalio/we-work-with-others-to-get-three-things-1-leverage-to-accomplish-our/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2d7/ray-dalio-299_better-way_we-work-with-others-to-get-three-things_1783455.jpg", "contentUrl": "https://sms4smile.com/quotes/i/2d7/ray-dalio-299_better-way_we-work-with-others-to-get-three-things_1783455.jpg", "url": "https://sms4smile.com/quotes/i/2d7/ray-dalio-299_better-way_we-work-with-others-to-get-three-things_1783455.jpg", "width": 1080, "height": 1080, "caption": "“We work with others to get three things: 1) Leverage to accomplish our chosen missions in bigger and better…” — Ray Dalio", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don't face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.", "creator": { "@type": "Person", "name": "Ray Dalio" }, "url": "https://sms4smile.com/quotes/ray-dalio/if-you-can-stare-hard-at-your-problems-they-almost-always-shrink-or/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/e6e/ray-dalio-299_better-way_if-you-can-stare-hard-at-your-problems-t_2396493.jpg", "contentUrl": "https://sms4smile.com/quotes/i/e6e/ray-dalio-299_better-way_if-you-can-stare-hard-at-your-problems-t_2396493.jpg", "url": "https://sms4smile.com/quotes/i/e6e/ray-dalio-299_better-way_if-you-can-stare-hard-at-your-problems-t_2396493.jpg", "width": 1080, "height": 1080, "caption": "“If you can stare hard at your problems, they almost always shrink or disappear, because you almost always…” — Ray Dalio", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 3, "item": { "@type": "Quotation", "text": "“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you are ready to give up everything else and study the whole history and background of the market and all principal companies whose stocks are on the board as carefully as a medical student studies anatomy—if you can do all that and in addition you have the cool nerves of a gambler, the sixth sense of a clairvoyant and the courage of a lion, you have a ghost of a chance.” In retrospect, the mistakes that led to my crash seemed embarrassingly obvious. First, I had been wildly overconfident and had let my emotions get the better of me. I learned (again) that no matter how much I knew and how hard I worked, I could never be certain enough to proclaim things like what I’d said on Wall $ treet Week: “There’ll be no soft landing. I can say that with absolute certainty, because I know how markets work.” I am still shocked and embarrassed by how arrogant I was. Second, I again saw the value of studying history. What had happened, after all, was “another one of those.” I should have realized that debts denominated in one’s own currency can be successfully restructured with the government’s help, and that when central banks simultaneously provide stimulus (as they did in March 1932, at the low point of the Great Depression, and as they did again in 1982), inflation and deflation can be balanced against each other. As in 1971, I had failed to recognize the lessons of history. Realizing that led me to try to make sense of all movements in all major economies and markets going back a hundred years and to come up with carefully tested decision-making principles that are timeless and universal. Third, I was reminded of how difficult it is to time markets. My long-term estimates of equilibrium levels were not reliable enough to bet on; too many things could happen between the time I placed my bets and the time (if ever) that my estimates were reached. Staring at these failings, I realized that if I was going to move forward without a high likelihood of getting whacked again, I would have to look at myself objectively and change—starting by learning a better way of handling the natural aggressiveness I’ve always shown in going after what I wanted. Imagine that in order to have a great life you have to cross a dangerous jungle. You can stay safe where you are and have an ordinary life, or you can risk crossing the jungle to have a terrific life. How would you approach that choice? Take a moment to think about it because it is the sort of choice that, in one form or another, we all have to make.”", "creator": { "@type": "Person", "name": "Ray Dalio" }, "url": "https://sms4smile.com/quotes/ray-dalio/making-money-in-the-markets-is-tough-the-brilliant-trader-and-2/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/4ab/ray-dalio-299_better-way_making-money-in-the-markets-is-tough-the_2896174.jpg", "contentUrl": "https://sms4smile.com/quotes/i/4ab/ray-dalio-299_better-way_making-money-in-the-markets-is-tough-the_2896174.jpg", "url": "https://sms4smile.com/quotes/i/4ab/ray-dalio-299_better-way_making-money-in-the-markets-is-tough-the_2896174.jpg", "width": 1080, "height": 1080, "caption": "“Making money in the markets is tough. 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