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
School typically doesn't prepare young people for real life - unless their lives are spent following instructions and pleasing others. In my… — 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
If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way… — Ray Dalio Copy Share Image
“no matter what asset class one held, there would come a time when it would lose most of its value. This included… — 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
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 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
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
“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 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
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — 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
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
Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing… — 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
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
The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is… — 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
Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse… — 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 that… — 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
Ironically, people who suppress the mini-confrontations for fear of conflict tend to have huge conflicts later, which can lead to separation, precisely… — 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
I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as… — 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
People who worry about looking good typically hide what they don't know and hide their weaknesses, so they never learn how to… — 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
For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other… — 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
“when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one… — Ray Dalio Copy Share Image
“Great questions are a much better indicator of future success than great answers.” — Ray Dalio Copy Share Image
