“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
The media has the power to create an entrenched perception of reality that's incorrect. — 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
Though how nature works is way beyond man's ability to comprehend, I have found that observing how nature works offers innumerable lessons… — 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
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
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
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
