Know what your people are like, and make sure they do their jobs excellently. — Ray Dalio Jobs Copy Share Image
The media has the power to create an entrenched perception of reality that's incorrect. — Ray Dalio Media Copy Share Image
“Listening to uninformed people is worse than having no answers at all.” — Ray Dalio Copy Share Image
“Have the clearest possible reporting lines and delineations of responsibilities.” — Ray Dalio Responsibility Copy Share Image
“Escalate when you can’t adequately handle your responsibilities” — Ray Dalio Responsibility Copy Share Image
“Know that the most constant struggle is between feeling and thinking.” — Ray Dalio Adversity Copy Share Image
When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and… — Ray Dalio Becomes Copy Share Image
“you need to weigh first-order consequences against second- and third-order consequences, and base your decisions not just on near-term results but on… — Ray Dalio Decision making Copy Share Image
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful… — Ray Dalio Beautiful Copy Share Image
“Because our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual… — Ray Dalio Education 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 I think Copy Share Image
“Managers who do not understand people's different thinking styles cannot understand how the people working for them will handle different situations.” — Ray Dalio Management Copy Share Image
You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. — Ray Dalio Allocation Copy Share Image
“The most effective leaders work to 1) open-mindedly seek out the best answers and 2) bring others along as part of that discovery process” — Ray Dalio Leadership Copy Share Image
“In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going… — Ray Dalio Customer Copy Share Image
When you're faced with a choice, you have one of three choices that you can have. You can have those with power… — Ray Dalio Believability Copy Share Image
“I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want.… — Ray Dalio Aging Copy Share Image
“Keeping people in jobs they are not suited for is terrible for them because it allows them to live in a false… — Ray Dalio False reality Copy Share Image
“The most meaningful relationships are achieved when you and others can speak openly to each other about everything that’s important, learn together,… — Ray Dalio Relationships Copy Share Image
“Jeff Bezos described it well when he said, “You have to have a willingness to repeatedly fail. If you don’t have a… — Ray Dalio Jeff Bezos Copy Share Image
Ironically, people who suppress the mini-confrontations for fear of conflict tend to have huge conflicts later, which can lead to separation, precisely… — Ray Dalio Addresses Copy Share Image
“People who run companies are faced with important choices every day. How they make those choices determines the character of the company,… — Ray Dalio Business 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 Decision making 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 Constant improvement Copy Share Image
“Over and over again, the same people would walk into the same meetings, do things the same ways, and get the same… — Ray Dalio Bias Copy Share Image
“Imagine that in order to have a great life you have to cross a dangerous jungle. You can stay safe where you… — Ray Dalio Choice 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 Around the world Copy Share Image
“By developing a partnership with your computer alter ego in which you teach each other and each do what you do best,… — Ray Dalio Computers 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 Better way Copy Share Image
“But this approach fails in cases where the future is different from the past and you don’t know the cause-effect relationships well… — Ray Dalio Failure Copy Share Image