“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
“Bad outcomes don’t just happen; they occur because specific people make, or fail to make, specific decisions” — Ray Dalio Decision making Copy Share Image
“For me, not telling people what’s really going on so as to protect them from the worries of life is like letting… — Ray Dalio Christmas Copy Share Image
“Be an imperfectionist. Perfectionists spend too much time on little differences at the margins at the expense of the important things.” — Ray Dalio Excellence Copy Share Image
In return, society rewards those who give it what it wants. That is why how much money people have earned is a… — Ray Dalio Giving Copy Share Image
I think the basic problem is that everybody thinks they know what the truth is, and sometimes they're even distorting the truth… — Ray Dalio Argument Copy Share Image
“Embracing radical truth and radical transparency will bring more meaningful work and more meaningful relationships.” — Ray Dalio Meaningful work Copy Share Image
“Evolution is the single greatest force in the universe; it is the only thing that is permanent and it drives everything.” — Ray Dalio Biology Copy Share Image
“Thoughtful disagreement is not a battle; its goal is not to convince the other party that he or she is wrong and… — Ray Dalio Disagreement Copy Share Image
“The greatest success you can have as the person in charge is to orchestrate others to do things well without you.” — Ray Dalio Greatest success 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
“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
“Assess believability by systematically capturing people’s track records over time. Every day is not a new day. Over time, a body of… — Ray Dalio Every day Copy Share Image
“Open-minded people genuinely believe they could be wrong; the questions that they ask are genuine. They also assess their relative believability to… — Ray Dalio Truth Seeking Copy Share Image
People who worry about looking good typically hide what they don't know and hide their weaknesses, so they never learn how to… — Ray Dalio Deals Copy Share Image
“I believe that great cultures, like great people, recognize that making mistakes is part of the process of learning, and that continuous… — Ray Dalio Continuous learning Copy Share Image
When I say I believe in radical truth and radical transparency, all I mean is we take things that ordinarily people would… — Ray Dalio Believe Copy Share Image
“there are some universal rules for good decision making. They start with: 5.1 Recognize that 1) the biggest threat to good decision making… — Ray Dalio Deciding Copy Share Image
“If you can be open with your weaknesses it will make you freer and will help you deal with them better. I… — Ray Dalio Weaknesses Copy Share Image
“The best behaviors one can hope for come from leaders who can weigh the benefits of cooperation, and who have long enough… — Ray Dalio Cooperation Copy Share Image
I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I… — Ray Dalio Failure Copy Share Image
“If you can develop a reflexive reaction to psychic pain that causes you to reflect on it rather than avoid it, it… — Ray Dalio Pain Copy Share Image
“you must identify whether they have demonstrated themselves to be extraordinary in some way. The most obvious demonstration is outstanding performance within… — Ray Dalio Outstanding performance 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
“Imagine a world in which you can use technology to connect to a system in which you can input the issue you’re… — Ray Dalio Technology Copy Share Image
“1. Remember the goal. 2. Give the goal to people who can achieve it (which is best) or tell them what to do… — Ray Dalio Goals 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
“Find the most believable people possible who disagree with you and try to understand their reasoning. Having open-minded conversations with believable people… — Ray Dalio Communication Copy Share Image
“Closed-minded people say things like “I could be wrong . . . but here’s my opinion.” This is a classic cue I hear all the… — Ray Dalio Closed minded Copy Share Image
“1. Seek out the smartest people who disagreed with me so I could try to understand their reasoning. 2. Know when not to have… — Ray Dalio Intelligence Copy Share Image
Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the… — Ray Dalio Amount Copy Share Image
“To visualize what I mean by “shaping” and “shapers,” think of Steve Jobs, who was probably the greatest and most iconic shaper… — Ray Dalio Success Copy Share Image
Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two:… — Ray Dalio Essentials Copy Share Image
“Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions, as opposed… — Ray Dalio Future success 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