“Keeping people in jobs they are not suited for is terrible for them because it allows them to live in a false… — Ray Dalio Copy Share Image
“A community in which you always have the right and obligation to make sense of things and a process for working yourselves… — Ray Dalio Copy Share Image
“Recognize that having an effective idea meritocracy requires that you understand the merit of each person’s ideas.” — Ray Dalio Copy Share Image
Radical transparency is critical to having an idea meritocracy because it shows what's actually happening without spin and prevents people from maneuvering… — Ray Dalio Copy Share Image
In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm… — Ray Dalio Copy Share Image
“An idea meritocracy requires people to do three things: 1) Put their honest thoughts on the table for everyone to see, 2)… — Ray Dalio Copy Share Image
To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table,… — 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
