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
“Because we are capable of conscious, memory-based learning, we can evolve further and faster than any other species, changing not just across… — Ray Dalio Learning 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
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
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
“Knowing that I could be painfully wrong and curiosity about why other smart people saw things differently prompted me to look at… — Ray Dalio Smart people 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 Decision making 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 Right people 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
“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
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
“Humility is as important, or even more important, as having the strengths yourself.” — Ray Dalio Humility 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
“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
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
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
“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
“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 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
“Having the basics—a good bed to sleep in, good relationships, good food, and good sex—is most important, and those things don’t get… — Ray Dalio Good food 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
“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
“Learn about your people and have them learn about you through frank conversations about mistakes and their root causes.” — Ray Dalio Communication Copy Share Image
