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
Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions.… — Ray Dalio Copy Share Image
“the markets was much more fun than having a real job. As long as my basic living expenses were covered, I knew… — 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
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
“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
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
To test if you are worrying too much about looking good, observe how you feel when you find out you've made a… — Ray Dalio Copy Share Image
People who excel at book learning tend to call up from memory what they have learned in order to follow stored instructions.… — 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
Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the… — 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
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
Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two:… — Ray Dalio Copy Share Image
I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I… — Ray Dalio Copy Share Image
Successful people ask for the criticism of others and consider its merit. — 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
