One of the greatest sources of problems in our society arises from people having loads of wrong theories in their heads -… — Ray Dalio Copy Share Image
By and large, life will give you what you deserve and it doesn't give a damn what you like. So it is… — Ray Dalio Copy Share Image
Since the only way you are going to find solutions to painful problems is by thinking deeply about them - i.e., reflecting… — Ray Dalio Copy Share Image
I believe that understanding what is good is obtained by looking at the way the world works and figuring out how to… — Ray Dalio Copy Share Image
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand there's… — Ray Dalio Copy Share Image
Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier… — Ray Dalio 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
I have been very lucky because I have had the opportunity to see what it's like to have little or no money… — Ray Dalio Copy Share Image
People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also… — Ray Dalio Copy Share Image
Though how nature works is way beyond man's ability to comprehend, I have found that observing how nature works offers innumerable lessons… — Ray Dalio Copy Share Image
When there is pain, the animal instinct is 'fight or flight' (i.e., to either strike back or run away) - reflect instead.… — Ray Dalio Copy Share Image
There are two main drivers of asset class returns - inflation and growth. — Ray Dalio Copy Share Image
I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their… — Ray Dalio Copy Share Image
It is a law of nature that you must do difficult things to gain strength and power. As with working out, after… — Ray Dalio Copy Share Image
I believe there are an infinite number of laws of the universe and that all progress or dreams achieved come from operating… — Ray Dalio Copy Share Image
There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to… — Ray Dalio Copy Share Image
Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject… — 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
I believe that for the most part, achieving success - whatever that is for you - is mostly a matter of personal… — Ray Dalio Copy Share Image
You'll see that excuses like "That's not easy" are of no value and that it pays to "push through it" at a… — Ray Dalio Copy Share Image
Never say anything about a person you wouldn't say to them directly, and don't try people without accusing them to their face.… — Ray Dalio Copy Share Image
Sometimes we forge our own principles and sometimes we accept others' principles, or holistic packages of principles, such as religion and legal… — Ray Dalio Copy Share Image
When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up. — Ray Dalio Copy Share Image
I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for… — Ray Dalio Copy Share Image
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful… — 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