Everyone has to decide for themselves what works for them and their organization. — Ray Dalio Organization Copy Share Image
The big question is: When will the term structure of interest rates change? That's the question to be worried about. — Ray Dalio Big Copy Share Image
“I just want to be right—I don’t care if the right answer comes from me.” — Ray Dalio Copy Share Image
“Leonard Mlodinow, in his excellent book Subliminal, writes, “We usually assume that what distinguishes us [from other species] is IQ. But it… — Ray Dalio Books Copy Share Image
“Experience taught me how invaluable it is to reflect on and write down my decision-making criteria whenever I made a decision, so… — Ray Dalio Decision making Copy Share Image
“Investors think independently, anticipate things that haven’t happened yet, and put real money at stake with their bets. Policymakers come from environments… — Ray Dalio Good and bad Copy Share Image
“You must not let your need to be right be more important than your need to find out what’s true.” — Ray Dalio Copy Share Image
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people — Ray Dalio Disagreement Copy Share Image
“Every leader must decide between 1) getting rid of liked but incapable people to achieve their goals and 2) keeping the nice… — Ray Dalio Decision making Copy Share Image
“The most effective leaders work to 1) open-mindedly seek out the best answers and 2) bring others along as part of that discovery process” — Ray Dalio Leadership Copy Share Image
“I saw that to do exceptionally well you have to push your limits and that, if you push your limits, you will… — Ray Dalio Failure Copy Share Image
“Failing to consider second- and third-order consequences is the cause of a lot of painfully bad decisions,” — Ray Dalio Bad decisions Copy Share Image
“If you find you can’t reconcile major differences—especially in values—consider whether the relationship is worth preserving.” — Ray Dalio Copy Share Image
“Communicate the plan clearly and have clear metrics conveying whether you are progressing according to it.” — Ray Dalio Strategy Copy Share Image
“I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want.… — Ray Dalio Aging Copy Share Image
“I myself find the excitement, lower risk, and educational value of achieving a deep understanding of cause-effect relationships much more appealing than… — Ray Dalio Education Copy Share Image
“My approach was to hire, train, test, and then fire or promote quickly, so that we could rapidly identify the excellent hires… — Ray Dalio Fitness Copy Share Image
“Everyone fails. Anyone you see succeeding is only succeeding at the things you’re paying attention to—I guarantee they are also failing at… — Ray Dalio Failure Copy Share Image
“If a number of different believable people say you are doing something wrong and you are the only one who doesn’t see… — Ray Dalio Copy Share Image
“Remember that people tend to pick people like themselves, so choose interviewers who can identify what you are looking for. If you’re… — Ray Dalio Copy Share Image