Over time, it also became important for me to share my management principles with the people I worked with because we had… — 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
I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as… — 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
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
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
Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to… — Ray Dalio Copy Share Image
People who excel at book learning tend to call up from memory what they have learned in order to follow stored instructions.… — Ray Dalio Copy Share Image
Never say anything about a person you wouldn't say to them directly, and don't try people without accusing them to their face.… — Ray Dalio Copy Share Image
Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse… — 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
So I learned that the people who make the most of the process of encountering reality, especially the painful obstacles, learn the… — 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
“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
“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
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Copy Share
“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
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
“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
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share
“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
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio Copy Share
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
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
“when we look down on ourselves through the eyes of nature we are of absolutely no significance. It is a reality that each one… — Ray Dalio Copy Share
“Great questions are a much better indicator of future success than great answers.” — Ray Dalio Copy Share
