This is my year of transition from what I'm calling the second phase of my life to the third phase of my… — Ray Dalio Being successful Copy Share Image
“You better make sense of what happened to other people in other times and other places because if you don’t you won’t… — Ray Dalio Copy Share Image
“Winston Churchill hit the nail on the head when he said, “Success consists of going from failure to failure without loss of… — Ray Dalio Failure Copy Share Image
“When faced with the choice between two things you need that are seemingly at odds, go slowly to figure out how you… — Ray Dalio Choice Copy Share Image
I believe that our society's "mistake-phobia" is crippling, a problem that begins in most elementary schools, where we learn to learn what… — Ray Dalio Achieve Copy Share Image
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that… — Ray Dalio Assets Copy Share Image
“Keep your strategic vision the same while making appropriate tactical changes as circumstances dictate.” — Ray Dalio Dreams Copy Share Image
“Teach and reinforce the merits of mistake-based learning. To encourage people to bring their mistakes into the open and analyze them objectively,… — Ray Dalio Education Copy Share Image
“Think of your teams the way that sports managers do: No one person possesses everything required to produce success, yet everyone must… — Ray Dalio Management Copy Share Image
“How can clothing and nutrition be so severely deficient in this “land of opportunity”?” — Ray Dalio Land of opportunity Copy Share Image
I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as… — Ray Dalio Able Copy Share Image
If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way… — Ray Dalio Better way Copy Share Image
You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. — Ray Dalio Allocation Copy Share Image
“Meditate. I practice Transcendental Meditation and believe that it has enhanced my open-mindedness, higher-level perspective, equanimity, and creativity. It helps slow things… — Ray Dalio Transcendental meditation Copy Share Image
People with good work habits have to-do lists that are reasonably prioritized, and they make themselves do what needs to be done.… — Ray Dalio Contrast Copy Share Image
Over time, it also became important for me to share my management principles with the people I worked with because we had… — Ray Dalio Agree Copy Share Image
“Inexperienced people can have great ideas too, sometimes far better ones than more experienced people” — Ray Dalio Great ideas Copy Share Image
“When faced with a choice between achieving their goal or pleasing (or not disappointing) others, they would choose achieving their goal every… — Ray Dalio Goals Copy Share Image
Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions.… — Ray Dalio Achieve Copy Share Image
“The best way to make great decisions is to know how to triangulate with other, more knowledgeable people.” — Ray Dalio Decision making Copy Share Image
“Just before Thanksgiving, I met with Bunker Hunt, then the richest man in the world, at the Petroleum Club in Dallas. Bud… — Ray Dalio Middle east 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 Goals Copy Share Image