“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and… — Ray Dalio Copy Share Image
“It’ll be decades—and maybe never—before the computer can replicate many of the things that the brain can do in terms of imagination,… — Ray Dalio Copy Share Image
“people who have common sense, imagination, and determination, who know what they value and what they want, and who also use computers,… — Ray Dalio 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 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 Copy Share Image
So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of… — Ray Dalio Copy Share Image
“Build great metrics. Metrics show how the machine is working by providing numbers and setting off alert lights in a dashboard. Metrics… — Ray Dalio Copy Share Image
“However, rather than blindly following the computer’s recommendations, I would have the computer work in parallel with my own analysis and then… — Ray Dalio Copy Share Image
“Our brains work like computers: They input data and process it in accordance with their wiring and programming. Any opinion you have… — Ray Dalio Copy Share Image
“Build your organization from the top down. An organization is the opposite of a building: Its foundation is at the top, so… — Ray Dalio Copy Share Image
I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. — Ray Dalio Copy Share Image
“To me it all looked like a beautiful machine with logical cause-effect relationships. By understanding these relationships, I could come up with… — Ray Dalio Copy Share Image
Evolution is the only thing that exists through time. That is true for computers, or people, or a business. We tend to… — Ray Dalio Copy Share Image
Nature is a machine. The family is a machine. The life cycle is like a machine. — Ray Dalio Copy Share Image
“My ultimate goal is to create a machine that works so well that I can just sit back and watch beauty happen.” — Ray Dalio Copy Share Image
“When you get down to it, our brains are essentially computers that are programmed in certain ways, take in data, and spit… — Ray Dalio Copy Share Image
“As much as I love and have benefited from artificial intelligence, I believe that only people can discover such things and then… — Ray Dalio Copy Share Image
“No matter what work you do, at a high level you are simply setting goals and building machines to help you achieve… — Ray Dalio 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 Copy Share Image
“No matter what work you do, at a high level you are simply setting goals and building machines to help you achieve… — Ray Dalio Copy Share Image
“Distinguish between you as the designer of your machine and you as a worker with your machine. One of the hardest things… — Ray Dalio Copy Share Image
“Distinguish between you as the designer of your machine and you as a worker with your machine.” — Ray Dalio 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 a principle.… — Ray Dalio Copy Share Image
“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Copy Share Image
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I… — Ray Dalio Copy Share Image
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. — Ray Dalio Copy Share Image
“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… — 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
“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,… — Ray Dalio Copy Share Image
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio 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 the future… — Ray Dalio Copy Share Image
Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better… — Ray Dalio Copy Share Image
