We don't have ways of resolving the arguments in idea meritocratic way. — Ray Dalio Argument 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
I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their… — Ray Dalio Approach Copy Share Image
“Be imprecise. Understand the concept of “by-and-large” and use approximations. Because our educational system is hung up on precision, the art of… — Ray Dalio Education Copy Share Image
“Distinguish between idle complaints and complaints meant to lead to improvement” — Ray Dalio Procrastination Copy Share Image
“Know what your people are like and what makes them tick, because your people are your most important resource. Develop a full… — Ray Dalio Habits Copy Share Image
“Most of life’s greatest opportunities come out of moments of struggle; it’s up to you to make the most of these tests… — Ray Dalio Creativity Copy Share Image
“Avoid the anonymous “we” and “they,” because they mask personal responsibility. Things don’t just happen by themselves—they happen because specific people did… — Ray Dalio Personal accountability Copy Share Image
“When everybody thinks the same thing—such as what a sure bet the Nifty 50 is—it is almost certainly reflected in the price,… — Ray Dalio Failure Copy Share Image
Meditation gives you two things: equanimity and creativity. And it does that by taking one from their conscious mind, where there's all… — Ray Dalio Chaos 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 Average Copy Share Image
It is a law of nature that you must do difficult things to gain strength and power. As with working out, after… — Ray Dalio Benefits Copy Share Image
“Remember that everyone must be overseen by a believable person who has high standards.” — Ray Dalio High standards Copy Share Image
“I didn’t value experience as much as character, creativity, and common sense, which I suppose was related to my having started Bridgewater… — Ray Dalio Creativity Copy Share Image
“It’s senseless to have making money as your goal as money has no intrinsic value—its value comes from what it can buy,… — Ray Dalio Goals Copy Share Image
“Remember that almost everything will take more time and cost more money than you expect.” — Ray Dalio Copy Share Image
I believe there are an infinite number of laws of the universe and that all progress or dreams achieved come from operating… — Ray Dalio Believe Copy Share Image
“It doesn’t pay to be open-minded with everyone. Instead, spend your time exploring ideas with the most believable people you have access… — Ray Dalio Time Copy Share Image
We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments. — Ray Dalio Arguing Copy Share Image
“The individual’s incentives must be aligned with the group’s goals.” — Ray Dalio Goals Copy Share Image
“If you can think for yourself while being open-minded in a clearheaded way to find out what is best for you to… — Ray Dalio Courage Copy Share Image
There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to… — Ray Dalio Correlation Copy Share Image
