---
title: "17 Ifs Quotes By Ray Dalio"
description: "17 Ifs quotes by Ray Dalio. Plus more from Ray Dalio and more Ifs sayings from other authors."
image: "https://sms4smile.com/quotes/i/1dc/ray-dalio-299_arguing_we-wouldn-t-be-successful-if-we-didn-t-h_1514498.jpg"
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> [We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments.](https://sms4smile.com/quotes/ray-dalio/we-wouldn-t-be-successful-if-we-didn-t-have-independent-thinkers-who/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/1dc/ray-dalio-299_arguing_we-wouldn-t-be-successful-if-we-didn-t-h_1514498.jpg)

> [There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people](https://sms4smile.com/quotes/ray-dalio/there-is-giant-untapped-potential-in-disagreement-especially-if-the/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/bb9/ray-dalio-299_disagreement_there-is-giant-untapped-potential-in-dis_2250334.jpg)

> [If you don't own Gold, you know neither history nor economics.](https://sms4smile.com/quotes/ray-dalio/if-you-don-t-own-gold-you-know-neither-history-nor-economics/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/910/ray-dalio-299_economics_if-you-don-t-own-gold-you-know-neither-h_762625.jpg)

> [If you have the power to see things through somebody else's eyes, it's like going from black and white to color or…](https://sms4smile.com/quotes/ray-dalio/if-you-have-the-power-to-see-things-through-somebody-else-s-eyes-it-s/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/325/ray-dalio-299_black_if-you-have-the-power-to-see-things-thro_2071825.jpg)

> [I think the President of the United States must operate by rules. I think our judicial system must operate by the rules.…](https://sms4smile.com/quotes/ray-dalio/i-think-the-president-of-the-united-states-must-operate-by-rules-i/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/0fa/ray-dalio-299_credibility_i-think-the-president-of-the-united-stat_2465062.jpg)

> [I think if you look at the statistics and you deal with fake media - and fake media and distorted media is…](https://sms4smile.com/quotes/ray-dalio/i-think-if-you-look-at-the-statistics-and-you-deal-with-fake-media/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/be2/ray-dalio-299_balance_i-think-if-you-look-at-the-statistics-an_935054.jpg)

> [To test if you are worrying too much about looking good, observe how you feel when you find out you've made a…](https://sms4smile.com/quotes/ray-dalio/to-test-if-you-are-worrying-too-much-about-looking-good-observe-how/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/ec2/ray-dalio-299_failure_to-test-if-you-are-worrying-too-much-abo_2699130.jpg)

> [I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I…](https://sms4smile.com/quotes/ray-dalio/i-ve-learned-that-each-mistake-was-probably-a-reflection-of-something/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/0c8/ray-dalio-299_failure_i-ve-learned-that-each-mistake-was-proba_3127032.jpg)

> [I have been very lucky because I have had the opportunity to see what it's like to have little or no money…](https://sms4smile.com/quotes/ray-dalio/i-have-been-very-lucky-because-i-have-had-the-opportunity-to-see-what/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/ff6/ray-dalio-299_able_i-have-been-very-lucky-because-i-have-ha_662730.jpg)

> [The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and…](https://sms4smile.com/quotes/ray-dalio/the-best-advice-i-can-give-you-is-to-ask-yourself-what-do-you-want/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/358/ray-dalio-299_advice_the-best-advice-i-can-give-you-is-to-ask_1318094.jpg)

> [I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their…](https://sms4smile.com/quotes/ray-dalio/i-learned-that-everyone-makes-mistakes-and-has-weaknesses-and-that/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/455/ray-dalio-299_approach_i-learned-that-everyone-makes-mistakes-a_1447190.jpg)

> [For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes…](https://sms4smile.com/quotes/ray-dalio/for-every-mistake-that-you-learn-from-you-will-save-thousands-of/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/9d7/ray-dalio-299_bad-thing_for-every-mistake-that-you-learn-from-yo_327373.jpg)

> [In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm…](https://sms4smile.com/quotes/ray-dalio/in-order-to-get-past-disagreements-you-just-can-t-have-one-person/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/dec/ray-dalio-299_boss_in-order-to-get-past-disagreements-you-j_1973563.jpg)

> [Since the only way you are going to find solutions to painful problems is by thinking deeply about them - i.e., reflecting…](https://sms4smile.com/quotes/ray-dalio/since-the-only-way-you-are-going-to-find-solutions-to-painful/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/04e/ray-dalio-299_evolve_since-the-only-way-you-are-going-to-find_163886.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)

> [Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around…](https://sms4smile.com/quotes/ray-dalio/unlike-in-school-in-life-you-don-t-have-to-come-up-with-all-the-right/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/02a/ray-dalio-299_accountability_unlike-in-school-in-life-you-don-t-have_833719.jpg)

> [Distinguish open-minded people from closed-minded people. Open-minded people seek to learn by asking questions; they realize that what they know is little…](https://sms4smile.com/quotes/ray-dalio/distinguish-open-minded-people-from-closed-minded-people-open-minded/)

[Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/)

[Image](https://sms4smile.com/quotes/i/c1c/ray-dalio-299_asking_distinguish-open-minded-people-from-clos_1639925.jpg)

## Other authors on Ifs

## 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/)

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                        "text": "I have been very lucky because I have had the opportunity to see what it's like to have little or no money and what it's like to have a lot of it. I'm lucky because people make such a big deal of it and, if I didn't experience both, I wouldn't be able to know how important it really is for me. I can't comment on what having a lot of money means to others, but I do know that for me, having a lot more money isn't a lot better than having enough to cover the basics.",
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                        "text": "The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and then ask yourself 'what should be done about it.' I believe that if you do this you will move much faster towards what you want to get out of life than if you don't!",
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                        "text": "I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their approach to handling them. I learned that there is an incredible beauty to mistakes, because embedded in each mistake is a puzzle, and a gem that I could get if I solved it, i.e. a principle that I could use to reduce my mistakes in the future.",
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                        "text": "For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won't grow.",
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                        "text": "In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm a boss, it would be terrible if I then said, \"Okay, we're gonna go do this.\" That's why, after that thoughtful disagreement, there has to be a process of an idea meritocracy. That means okay, now you have to vote, not that the decision resides with power. And then you vote and move beyond it.",
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                        "text": "Since the only way you are going to find solutions to painful problems is by thinking deeply about them - i.e., reflecting - if you can develop a knee-jerk reaction to pain that is to reflect rather than to fight or flee, it will lead to your rapid learning/evolving.",
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                        "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.",
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                        "text": "Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around you for help - or even ask them to do the things you don't do well. In other words, there is almost no reason not to succeed if you take the attitude of 1) total flexibility - good answers can come from anyone or anywhere (and in fact, as I have mentioned, there are far more good answers 'out there' than there are in you) and 2) total accountability: regardless of where the good answers come from, it's your job to find them.",
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                        "text": "Distinguish open-minded people from closed-minded people. Open-minded people seek to learn by asking questions; they realize that what they know is little in relation to what there is to know and recognize that they might be wrong. Closed-minded people always tell you what they know, even if they know hardly anything about the subject being discussed. They are typically made uncomfortable by being around those who know a lot more about a subject, unlike open-minded people who are thrilled by such company.",
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