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
“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
“Create a Culture in Which It Is Okay to Make Mistakes and Unacceptable Not to Learn from Them” — Ray Dalio Culture Copy Share Image
“Communicate the plan clearly and have clear metrics conveying whether you are progressing according to it.” — Ray Dalio Strategy Copy Share Image
When two intelligent parties disagree, that's when the potential for learning and moving ahead begins. — Ray Dalio Disagree Copy Share Image
“Giving people the opportunity to struggle rather than giving them the things they are struggling for will make them stronger.” — Ray Dalio Stronger Copy Share Image
“Remember that people are built very differently and that different ways of seeing and thinking make people suitable for different jobs.” — Ray Dalio Different jobs Copy Share Image
It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future… — Ray Dalio Cash Copy Share Image
Meditation helps you stay in a calm, clear-headed state so that when challenges come at you, you can deal with them like… — Ray Dalio Calm Copy Share Image
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who… — Ray Dalio Believe Copy Share Image
“Remember that people tend to pick people like themselves, so choose interviewers who can identify what you are looking for. If you’re… — Ray Dalio Interviewers 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
“Specifying our investment decision-making criteria in algorithms and running historical data through them, or specifying our work principles in algorithms and using… — Ray Dalio Complicated Copy Share Image
“In my opinion, most organizations overvalue the abilities piece and undervalue the character piece because of a shortsighted focus on getting the… — Ray Dalio Bad time Copy Share Image
I believe that for the most part, achieving success - whatever that is for you - is mostly a matter of personal… — Ray Dalio Achieve Copy Share Image
“Most people have a tough time reflecting when they are in pain and they pay attention to other things when the pain… — Ray Dalio Pain 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 Attainable Copy Share Image
“Reality exists at different levels and each of them gives you different but valuable perspectives. It’s important to keep all of them… — Ray Dalio Different level Copy Share Image
“When encountering your weaknesses you have four choices: 1. You can deny them (which is what most people do). 2. You can accept them… — Ray Dalio Ability to change 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… — Ray Dalio Decision making Copy Share Image
“the markets was much more fun than having a real job. As long as my basic living expenses were covered, I knew… — Ray Dalio Icing on the cake Copy Share Image
“You are expected to go to the higher level and look down on yourself and others as part of a system. In… — Ray Dalio Point of view Copy Share Image
“Looking back on getting fired from Apple in 1985, Steve Jobs said, “It was awful-tasting medicine, but I guess the patient needed… — Ray Dalio Failure Copy Share Image
“understand that to be truly successful I need to be like a conductor of people, many of whom (if not all) can… — Ray Dalio Beauty Copy Share Image
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people — Ray Dalio Disagreement Copy Share Image
“Remember that everyone must be overseen by a believable person who has high standards.” — Ray Dalio Believable Copy Share Image
“No matter what work you do, at a high level you are simply setting goals and building machines to help you achieve… — Ray Dalio Computers Copy Share Image
“Winston Churchill hit the nail on the head when he said, “Success consists of going from failure to failure without loss of… — Ray Dalio Failure Copy Share Image
“Whatever success I’ve had in life has had more to do with my knowing how to deal with my not knowing than… — Ray Dalio Know Copy Share Image
“Don’t get frustrated. If nothing bad is happening to you now, wait a bit and it will. That is just reality.” — Ray Dalio Copy Share Image
“whether or not we could have our cake and eat it too was merely a test of our creativity and character.” — Ray Dalio Cake Copy Share Image
“Have thoughtful disagreements in which people are willing to shift their opinions as they learn,” — Ray Dalio Disagreements Copy Share Image
“all organizations basically have two types of people: those who work to be part of a mission, and those who work for… — Ray Dalio Goals Copy Share Image
“Remember that people who see things and think one way often have difficulty communicating with and relating to people who see things… — Ray Dalio Relating Copy Share Image
“A thorough and accurate diagnosis, while more time-consuming, will pay huge dividends in the future.” — Ray Dalio Diagnosis Copy Share Image
“when it comes to assessing a candidate’s common sense, vision, creativity, or decision-making abilities, school records are of limited value.” — Ray Dalio Creativity Copy Share Image
“Remember that when it comes to assessing people, the two biggest mistakes you can make are being overconfident in your assessment and… — Ray Dalio Biggest mistake Copy Share Image
“Am I seeing this just through my own eyes? If so, then you should know that you’re terribly handicapped.” — Ray Dalio Handicapped Copy Share Image
“My ultimate goal is to create a machine that works so well that I can just sit back and watch beauty happen.” — Ray Dalio Beauty Copy Share Image
“Slow down your thinking so you can note the criteria you are using to make your decision.” — Ray Dalio Decision making Copy Share Image