“In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going… — Ray Dalio Copy Share Image
“Remember that the only purpose of money is to get you what you want, so think hard about what you value and… — Ray Dalio Copy Share Image
“Money is a byproduct of excellence, not a goal. Our overriding objective is excellence and constant improvement at Bridgewater. To be clear,… — 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
“In thinking about the relative importance of great relationships and money, it was clear that relationships were more important because there is… — Ray Dalio Copy Share Image
“While making money was good, having meaningful work and meaningful relationships was far better. To me, meaningful work is being on a… — Ray Dalio Copy Share Image
So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of… — Ray Dalio Copy Share Image
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount… — Ray Dalio Copy Share Image
“those things don’t get much better when you have a lot of money or much worse when you have less. And the” — Ray Dalio Copy Share Image
Look at what caused people to make a lot of money and you will see that usually it is in proportion to… — Ray Dalio Copy Share Image
“the satisfaction of success doesn’t come from achieving your goals, but from struggling well. To understand what I mean, imagine your greatest… — Ray Dalio Copy Share Image
I'm going to give away a lot more than half my money. I'd be happy to give that to the government if… — Ray Dalio Copy Share Image
“It’s senseless to have making money as your goal as money has no intrinsic value—its value comes from what it can buy,… — 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
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
“Remember that in great partnerships, consideration and generosity are more important than 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
To make money in the markets, you have to think independently and be humble. — Ray Dalio Copy Share Image
“If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going… — Ray Dalio Copy Share Image
“Investors think independently, anticipate things that haven’t happened yet, and put real money at stake with their bets. Policymakers come from environments… — Ray Dalio Copy Share Image
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that… — Ray Dalio Copy Share Image
“Having the basics—a good bed to sleep in, good relationships, good food, and good sex—is most important, and those things don’t get… — Ray Dalio Copy Share Image
In return, society rewards those who give it what it wants. That is why how much money people have earned is a… — 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
“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
