Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You… — Ray Dalio Copy Share Image
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
I have a bad rote memory, but I tend to learn through my experiences. And then when I went into the markets,… — 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 attribute as much of my success to what I’ve learned about the brain as I do to my understanding of economics… — 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
For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes… — 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 confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible… — Ray Dalio Copy Share Image
“If you are ready to give up everything else and study the whole history and background of the market and all principal… — Ray Dalio Copy Share Image
It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future… — 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
More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look… — Ray Dalio Copy Share Image
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who… — Ray Dalio Copy Share Image
The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and… — Ray Dalio Copy Share Image
“Bernard Baruch put it well when he said, “If you are ready to give up everything else and study the whole history… — Ray Dalio Copy Share Image
I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature's laws,… — 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
“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
