“The best way to make great decisions is to know how to triangulate with other, more knowledgeable people.” — Ray Dalio Copy Share Image
“One of the most important decisions you can make is who you ask questions of. Make” — Ray Dalio Copy Share Image
“If I can reconcile my emotions with my logic and only act when they are aligned, I make better decisions.” — Ray Dalio Copy Share Image
“Some decisions are best made after acquiring more information; some are best made immediately.” — Ray Dalio Copy Share Image
“Some decisions you should make yourself and some you should delegate to someone more believable.” — Ray Dalio Copy Share Image
“decision making is a two-step process (first learning and then deciding).” — Ray Dalio Copy Share Image
“Slow down your thinking so you can note the criteria you are using to make your decision.” — Ray Dalio Copy Share Image
“Successful organizations have cultures in which evidence-based decision making is the norm rather than the exception.” — 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… — Ray Dalio Copy Share Image
“there are two broad approaches to decision making: evidence/logic-based (which comes from the higher- level brain) and subconscious/emotion-based (which comes from the… — Ray Dalio Copy Share Image
“Experience taught me how invaluable it is to reflect on and write down my decision-making criteria whenever I made a decision, so… — 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
“People who run companies are faced with important choices every day. How they make those choices determines the character of the company,… — Ray Dalio Copy Share Image
When you're faced with a choice, you have one of three choices that you can have. You can have those with power… — Ray Dalio Copy Share Image
“you need to weigh first-order consequences against second- and third-order consequences, and base your decisions not just on near-term results but on… — Ray Dalio Copy Share Image
“have found triangulating with highly believable people who are willing to have thoughtful disagreements has never failed to enhance my learning and… — Ray Dalio Copy Share Image
“I believe one of the most valuable things you can do to improve your decision making is to think through your principles… — Ray Dalio 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 Copy Share Image
“Think of every decision as a bet with a probability and a reward for being right and a probability and a penalty… — Ray Dalio Copy Share Image
“Learning how to make decisions in the best possible way and learning to have the courage to make them comes from a)… — Ray Dalio Copy Share Image
“Specifying our investment decision-making criteria in algorithms and running historical data through them, or specifying our work principles in algorithms and using… — 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
“An idea meritocracy requires people to do three things: 1) Put their honest thoughts on the table for everyone to see, 2)… — 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
To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table,… — 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… — Ray Dalio Copy Share Image
“The two biggest barriers to good decision making are your ego and your blind spots.” — Ray Dalio Copy Share Image
“Failing to consider second- and third-order consequences is the cause of a lot of painfully bad decisions,” — Ray Dalio Copy Share Image
“Bad outcomes don’t just happen; they occur because specific people make, or fail to make, specific decisions” — Ray Dalio Copy Share Image
“The best way to make great decisions is to know how to triangulate with other, more knowledgeable people. So be discerning about… — Ray Dalio Copy Share Image
“Remember that the quality of the life you get will depend largely on the quality of the decisions that you make as… — Ray Dalio Copy Share Image
“there are some universal rules for good decision making. They start with: 5.1 Recognize that 1) the biggest threat to good decision making… — Ray Dalio Copy Share Image
“Whatever circumstances life brings you, you will be more likely to succeed and find happiness if you take responsibility for making your… — 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
“Using principles is a way of both simplifying and improving your decision making. While it might seem obvious to you by now,… — Ray Dalio Copy Share Image
“Over the course of our lives, we make millions and millions of decisions that are essentially bets, some large and some small.… — Ray Dalio Copy Share Image
“Holding wrong opinions in one’s head and making bad decisions based on them instead of having thoughtful disagreements is one of the… — Ray Dalio Copy Share Image
“If ever you find yourself about to make a decision (especially a big decision) in one of these areas without consulting others,… — 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
