Forget about what the technology is. Just understand the motivation behind it. — Ray Dalio Copy Share Image
There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is… — 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
“Understanding what is true is essential for success, and being radically transparent about everything, including mistakes and weaknesses, helps create the understanding… — 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
“Truth—or, more precisely, an accurate understanding of reality—is the essential foundation for any good outcome.” — Ray Dalio Copy Share Image
“I used to think that memory-based, conscious learning was the most powerful, but I’ve since come to understand that it produces” — Ray Dalio Copy Share Image
“To acquire principles that work, it’s essential that you embrace reality and deal with it well. Don’t fall into the common trap… — Ray Dalio Copy Share Image
“Be imprecise. Understand the concept of “by-and-large” and use approximations. Because our educational system is hung up on precision, the art of… — Ray Dalio Copy Share Image
“Recognize that experience creates internalized learning that book learning can’t replace.” — Ray Dalio Copy Share Image
“I myself find the excitement, lower risk, and educational value of achieving a deep understanding of cause-effect relationships much more appealing than… — Ray Dalio Copy Share Image
“Teach and reinforce the merits of mistake-based learning. To encourage people to bring their mistakes into the open and analyze them objectively,… — Ray Dalio Copy Share Image
“Because we are capable of conscious, memory-based learning, we can evolve further and faster than any other species, changing not just across… — Ray Dalio Copy Share Image
“1. Seek out the smartest people who disagreed with me so I could try to understand their reasoning. 2. Know when not to have… — 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
“1.6 Understand nature’s practical lessons. a. Maximize your evolution. b. Remember “no pain, no gain.” c. It is a fundamental law of nature that in… — Ray Dalio Copy Share Image
“A lot of people vest their blind faith in machine learning because they find it much easier than developing deep understanding. For… — 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
“I believe that great cultures, like great people, recognize that making mistakes is part of the process of learning, and that continuous… — 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
