“Don’t design jobs to fit people; over time, this almost always turns out to be a mistake.” — Ray Dalio 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 Copy Share Image
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that… — Ray Dalio Copy Share Image
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
“Enforce the logic of conversations. People’s emotions tend to heat up when there is disagreement. Remain calm and analytical at all times;… — Ray Dalio Copy Share Image
“Debating takes time, and that time increases exponentially depending on the number of people participating in the discussion, so you have to… — Ray Dalio Copy Share Image
“Be an imperfectionist. Perfectionists spend too much time on little differences at the margins at the expense of the important things.” — Ray Dalio Copy Share Image
People who worry about looking good typically hide what they don't know and hide their weaknesses, so they never learn how to… — Ray Dalio Copy Share Image
“To visualize what I mean by “shaping” and “shapers,” think of Steve Jobs, who was probably the greatest and most iconic shaper… — Ray Dalio Copy Share Image
“Never rule out a goal because you think it’s unattainable. Be audacious. There is always a best possible path. Your job is… — Ray Dalio Copy Share Image
“I also recommend that both parties observe a “two-minute rule” in which neither interrupts the other, so they both have time to… — Ray Dalio Copy Share Image
“Assess believability by systematically capturing people’s track records over time. Every day is not a new day. Over time, a body of… — Ray Dalio Copy Share Image
“The best behaviors one can hope for come from leaders who can weigh the benefits of cooperation, and who have long enough… — Ray Dalio Copy Share Image
“I believe that great cultures, like great people, recognize that making mistakes is part of the process of learning, and that continuous… — Ray Dalio 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 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