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
In the end, what matters most is that the people you work with share your values, so I've wanted people who value… — Ray Dalio Copy Share Image
Some people have subject matter expertise in one thing. Some people tend to be creative but not reliable, and others are reliable… — Ray Dalio Copy Share Image
The meaningful work and the meaningful relationships are, to me, comparable rewards. I think being on a mission to do something great… — 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
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
Some people seek to understand, and some people seek to portray what they want to portray. — Ray Dalio Copy Share Image
Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around… — Ray Dalio Copy Share Image
People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also… — 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
I do think people need to recognize that a lot of journalists want to write a story a certain way because the… — Ray Dalio Copy Share Image
We don't know what truth is anymore. You or other media people can say there's no problem, but you're losing your credibility.… — Ray Dalio Copy Share Image
I think so many people are reactive... they see things in a short term way they're right up against it. — Ray Dalio Copy Share Image
I treasure the fact there's media freedom, but with that goes responsibility. I think that there should be a self-regulatory organization and… — Ray Dalio Copy Share Image
More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look… — Ray Dalio Copy Share Image
Each person assesses each other person's credibility on different dimensions, because people are strong and weak in different things. — Ray Dalio Copy Share Image
Evolution is the only thing that exists through time. That is true for computers, or people, or a business. We tend to… — Ray Dalio Copy Share Image
Constantly probe the people who report to you, and encourage them to probe you. — 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
I think the greatest tragedy of mankind is that people have ideas and opinions in their heads but don't have a process… — 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
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
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss… — 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
