“If you’re willing to confront reality, accept the pain that comes with doing so, and follow the 5-Step Process to drive yourself… — 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
Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits… — Ray Dalio Copy Share Image
“Most people have a tough time reflecting when they are in pain and they pay attention to other things when the pain… — 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 saw pain as nature’s reminder that there is something important for me to learn.” — Ray Dalio Copy Share Image
“The most valuable habit I’ve acquired is using pain to trigger quality reflections.” — Ray Dalio Copy Share Image
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless,… — Ray Dalio Copy Share Image
“If you can develop a reflexive reaction to psychic pain that causes you to reflect on it rather than avoid it, it… — Ray Dalio Copy Share Image
The expression I use: Pain + Reality = Progress. Whenever I would have a painful mistake, I started to view that as… — 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