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
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
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
If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important… — Ray Dalio Copy Share Image
“If you can think for yourself while being open-minded in a clearheaded way to find out what is best for you to… — 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
“In order to have the best life possible, you have to: 1) know what the best decisions are and 2) have the… — Ray Dalio Copy Share Image
“I realized that passing on knowledge is like passing on DNA—it is more important than the individual, because it lives way beyond… — Ray Dalio Copy Share Image
“I also feared boredom and mediocrity much more than I feared failure. For me, great is better than terrible, and terrible is… — 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
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
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
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
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
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
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
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
“For me, not telling people what’s really going on so as to protect them from the worries of life is like letting… — Ray Dalio Copy Share Image
“Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life. They can… — 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
“Remember that the quality of the life you get will depend largely on the quality of the decisions that you make as… — Ray Dalio Copy Share Image
Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject… — Ray Dalio Copy Share Image
“Whatever success I’ve had in life has had more to do with my knowing how to deal with my not knowing than… — Ray Dalio Copy Share Image
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people — Ray Dalio Copy Share Image
There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to… — Ray Dalio Copy Share Image
“Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor.” — 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
“Whatever circumstances life brings you, you will be more likely to succeed and find happiness if you take responsibility for making your… — Ray Dalio Copy Share Image
Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions. — Ray Dalio Copy Share Image
“passing on knowledge is like passing on DNA—it is more important than the individual, because it lives way beyond the individual’s life.” — 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
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
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
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
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
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
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
I believe there are an infinite number of laws of the universe and that all progress or dreams achieved come from operating… — 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… — 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
“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
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Copy Share
“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
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
“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
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share
“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
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio Copy Share
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
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
“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
“Great questions are a much better indicator of future success than great answers.” — Ray Dalio Copy Share
