“At a high level, we look for people who think independently, argue open-mindedly and assertively, and above all else value the intense… — Ray Dalio High level Copy Share Image
People who excel at book learning tend to call up from memory what they have learned in order to follow stored instructions.… — Ray Dalio Book 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 Debating Copy Share Image
“Distinguish between you as the designer of your machine and you as a worker with your machine. One of the hardest things… — Ray Dalio Computers Copy Share Image
“As David Eagleman describes it in his wonderful book Incognito: Your brain is built of cells called neurons and glia—hundreds of billions… — Ray Dalio Books Copy Share Image
Success is not in obtaining the thing. Because there's always another thing. And then you look back on it, and for me,… — Ray Dalio Emotional Copy Share Image
“An idea meritocracy requires people to do three things: 1) Put their honest thoughts on the table for everyone to see, 2)… — Ray Dalio Decision making Copy Share Image
“Have the clearest possible reporting lines and delineations of responsibilities.” — Ray Dalio Clearest Copy Share Image
“I read Charles Duhigg’s best-selling book The Power of Habit, which really opened my eyes.” — Ray Dalio Books Copy Share Image
“Know that the most constant struggle is between feeling and thinking.” — Ray Dalio Adversity Copy Share Image
Know what your people are like, and make sure they do their jobs excellently. — Ray Dalio Jobs Copy Share Image
“Humility is as important, or even more important, as having the strengths yourself.” — Ray Dalio Humility Copy Share Image
“Remember not to be overconfident in your assessments, as it’s possible you are wrong.” — Ray Dalio Overconfident Copy Share Image
“Distinguish between you as the designer of your machine and you as a worker with your machine.” — Ray Dalio Computers Copy Share Image
“Everybody has strengths and weaknesses. The key to success is understanding one’s weaknesses and successfully compensating for them. People who lack that… — Ray Dalio Key to success Copy Share Image
In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's… — Ray Dalio Anything 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 Argument Copy Share Image
“I recommend Richard Dawkins’s and E. O. Wilson’s books on evolution. If I had to pick just one, it would be Dawkins’s… — Ray Dalio Biology 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 Decision making Copy Share Image
When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and… — Ray Dalio Becomes Copy Share Image
“Never say anything about someone that you wouldn’t say to them directly and don’t try people without accusing them to their faces.” — Ray Dalio Copy Share Image
Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing… — Ray Dalio Ask yourself Copy Share Image
I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll… — Ray Dalio Come Copy Share Image
“Typically, by doing what comes naturally to us, we fail to account for our weaknesses, which leads us to crash. What happens… — Ray Dalio Failure Copy Share Image
“Time is like a river that carries us forward into encounters with reality that require us to make decisions. We can’t stop… — Ray Dalio Time Copy Share Image
“Pay for the person, not the job. Look at what people in comparable jobs with comparable experience and credentials make, add some… — Ray Dalio Person Job Copy Share Image
“In order to match a person to the design, start by creating a spec sheet so that there will be a consistent… — Ray Dalio Performance review Copy Share Image
“Get over “blame” and “credit” and get on with “accurate” and “inaccurate.” Worrying about “blame” and “credit” or “positive” and “negative” feedback… — Ray Dalio Copy Share Image
The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is… — Ray Dalio Allocation Copy Share Image
“I also feared boredom and mediocrity much more than I feared failure. For me, great is better than terrible, and terrible is… — Ray Dalio Failure Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Better way Copy Share Image
“Over the years that followed, I found that most of the extraordinarily successful people I’ve met had similar big painful failures that… — Ray Dalio Failure Copy Share Image
“The evolutionary process of productive adaption and ascent—the process of seeking, obtaining, and pursuing more and more ambitious goals—does not just pertain… — Ray Dalio Ambitious goals Copy Share Image
“Don’t expect people to recognize and compensate for their own blind spots. I constantly see people form wrong opinions and make bad… — Ray Dalio Bad decisions Copy Share Image
“If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for… — Ray Dalio Failure 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 Agree Copy Share Image