“When a problem occurs, conduct the discussion at two levels: 1) the machine level (why that outcome was produced) and 2) the… — Ray Dalio Problem solving Copy Share Image
“Think of your teams the way that sports managers do: No one person possesses everything required to produce success, yet everyone must… — Ray Dalio Management Copy Share Image
“Knowing how people operate and being able to judge whether that way of operating will lead to good results is more important… — Ray Dalio Knowing Copy Share Image
To test if you are worrying too much about looking good, observe how you feel when you find out you've made a… — Ray Dalio Failure Copy Share Image
“meaningful work and meaningful relationships were and still are my primary goals and everything I did was for them.” — Ray Dalio Goals Copy Share Image
“If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going… — Ray Dalio Aggressive Copy Share Image
“Don’t design jobs to fit people; over time, this almost always turns out to be a mistake.” — Ray Dalio Failure Copy Share Image
“To be effective you must not let your need to be right be more important than your need to find out what’s… — Ray Dalio Need Right Copy Share Image
“Look to the patterns of those things that affect you in order to understand the cause-effect relationships that drive them and to… — Ray Dalio Cause Effect Copy Share Image
“1. Have clear goals. 2. Identify and don’t tolerate the problems that stand in the way of your achieving those goals. 3. Accurately diagnose… — Ray Dalio Achieving goals Copy Share Image
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that… — Ray Dalio Best Copy Share Image
So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of… — Ray Dalio Business Copy Share Image
“everyone has strengths and weaknesses, and everyone has an important role to play in life. Nature made everything and everyone for a… — Ray Dalio Courage Copy Share Image
“As much as I love and have benefited from artificial intelligence, I believe that only people can discover such things and then… — Ray Dalio Artificial intelligence Copy Share Image
“I cannot say that having an intense life filled with accomplishments is better than having a relaxed life filled with savoring, though… — Ray Dalio Life Copy Share Image
Maintain 'baseball cards' and/or 'believability matrixes' for your people. Imagine if you had baseball cards that showed all the performance stats. You… — Ray Dalio Baseball Copy Share Image
“They move on to fix problems without getting at their root causes, which is a recipe for continued failure.” — Ray Dalio Continued Copy Share Image
“Whenever I observe something in nature that I (or mankind) think is wrong, I assume that I’m wrong and try to figure… — Ray Dalio Nature Copy Share Image
“You will either learn valuable lessons from your mistakes and press on, better equipped to succeed—or you won’t and you will fail.” — Ray Dalio Failure Copy Share Image
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Success Copy Share Image
“Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor.” — Ray Dalio Better Copy Share Image
“It’s a basic reality that if you don’t experience the consequences of your actions, you’ll take less ownership of them.” — Ray Dalio Consequences Copy Share Image
“The brains that we were born with had learned that snakes are dangerous and flowers are not.” — Ray Dalio Learned Snakes Copy Share Image
“Perceivers see new things and change direction often. This is discomforting to planners,” — Ray Dalio New things Copy Share Image
“If people don’t follow the agreed-upon paths, they don’t have the right to complain about either the people they disagree with or… — Ray Dalio People Disagree Copy Share Image
“Beware of statements that begin with “I think that . . .” Just because someone thinks something doesn’t mean it’s true.” — Ray Dalio Statements Copy Share Image
“1+1=3. Two people who collaborate well will be about three times as effective as each of them operating independently,” — Ray Dalio Collaborate Copy Share Image
“the primary purpose of every living thing is to act as a vessel for the DNA that evolves life through time.” — Ray Dalio Life Copy Share Image
“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential” — Ray Dalio Failing Copy Share Image
“To do it well, be sure to avoid the common perils of: 1) valuing your own believability more than is logical and… — Ray Dalio Copy Share Image
“I gradually learned that prices reflect people’s expectations, so they go up when actual results are better than expected and they go… — Ray Dalio Gradually Learned Copy Share Image
“Holding wrong opinions in one’s head and making bad decisions based on them instead of having thoughtful disagreements is one of the… — Ray Dalio Bad decisions Copy Share Image
“Be willing to “shoot the people you love.” It is very difficult to fire people you care about.” — Ray Dalio Difficult people Copy Share Image
“Seek out the smartest people who disagreed with me so I could try to understand their reasoning.” — Ray Dalio Intelligence Copy Share Image
“Principles are like laws—you can’t break one simply because you and someone else agree to break it.” — Ray Dalio Integrity Copy Share Image
“I realized that passing on knowledge is like passing on DNA—it is more important than the individual, because it lives way beyond… — Ray Dalio Knowledge Copy Share Image
“Don’t pay as much attention to people’s conclusions as to the reasoning that led them to their conclusions.” — Ray Dalio Reasoning Copy Share Image
“In order to have the best life possible, you have to: 1) know what the best decisions are and 2) have the… — Ray Dalio Courage Copy Share Image
“in most companies people are doing two jobs: their actual job and the job of managing others’ impressions of how they’re doing… — Ray Dalio Two jobs Copy Share Image
“Avoid getting sucked down. This occurs when a manager is pulled down to doing the tasks of a subordinate without acknowledging the… — Ray Dalio Leader Copy Share Image
