To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table,… — Ray Dalio Decision Copy Share Image
Successful people ask for the criticism of others and consider its merit. — Ray Dalio Asks Copy Share Image
“Be evidence-based and encourage others to be the same.” — Ray Dalio Encourage Others Copy Share Image
“Perceivers see new things and change direction often. This is discomforting to planners,” — Ray Dalio New things Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well.” — Ray Dalio Failure Copy Share Image
“You don’t want the people you work with to merely pay lip service” — Ray Dalio Lip service Copy Share Image
“beneficial change begins when you can acknowledge and even embrace your weaknesses.” — Ray Dalio Beneficial Copy Share Image
“Evolving is life’s greatest accomplishment and its greatest reward.” — Ray Dalio Evolution Copy Share Image
“Everyone should be up-front in expressing how confident they are in their thoughts.” — Ray Dalio Confident Copy Share Image
“even the richest people feel short of the money they need to do the things they want to do.” — Ray Dalio Money Copy Share Image
“It doesn’t matter what you do with your life, as long as you are doing what is consistent with your nature and… — Ray Dalio Aspirations Copy Share Image
“In picking people for long-term relationships, values are most important, abilities come next, and skills are the least important.” — Ray Dalio Relationship Copy Share Image
“Watching the same things happen again and again, I began to see reality as a gorgeous perpetual motion machine, in which causes… — Ray Dalio Perpetual Copy Share Image
“It is a fundamental law of nature that in order to gain strength one has to push one’s limits, which is painful.” — Ray Dalio Law of nature Copy Share Image
“Some decisions you should make yourself and some you should delegate to someone more believable.” — Ray Dalio Decision making Copy Share Image
“Thinking about problems that are difficult to solve may make you anxious, but not thinking about them (and therefore not dealing with… — Ray Dalio Anxiety Copy Share Image
There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh… — Ray Dalio Accept 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
Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse… — Ray Dalio Converses Copy Share Image
“Imagine that in order to have a great life you have to cross a dangerous jungle. You can stay safe where you… — Ray Dalio Choice Copy Share Image
“The most meaningful relationships are achieved when you and others can speak openly to each other about everything that’s important, learn together,… — Ray Dalio Meaningful Copy Share Image
Ironically, people who suppress the mini-confrontations for fear of conflict tend to have huge conflicts later, which can lead to separation, precisely… — Ray Dalio Addresses Copy Share Image
“Jeff Bezos described it well when he said, “You have to have a willingness to repeatedly fail. If you don’t have a… — Ray Dalio Jeff Bezos 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
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
“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
“Most people assume that the challenges that go along with growing a large business are greater than those of growing a smaller… — Ray Dalio Business Copy Share Image
“If you choose the right people with the right values and remain in sync with them, you will play beautiful jazz together.… — Ray Dalio Next chapter Copy Share Image
“Remember that believable opinions are most likely to come from people 1) who have successfully accomplished the thing in question at least… — Ray Dalio Opinions Copy Share Image
“In my early years the psychology of the 1960s U.S. was aspirational and inspirational—to achieve great and noble goals. It was like… — Ray Dalio Changing the world Copy Share Image
“I gave Wang a copy of Joseph Campbell’s great book The Hero with a Thousand Faces, because he is a classic hero… — Ray Dalio Book Copy Share Image
“Observe the patterns of mistakes to see if they are products of weaknesses. Everyone has weaknesses and they are generally revealed in… — Ray Dalio Connecting the dots 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
“Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor.” — Ray Dalio Better Copy Share Image
“Don’t get hung up on your views of how things “should” be because you will miss out on learning how they really… — Ray Dalio Views 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
