“beneficial change begins when you can acknowledge and even embrace your weaknesses.” — Ray Dalio Change Copy Share Image
“Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor.” — Ray Dalio Life Copy Share Image
“Remember that people who see things and think one way often have difficulty communicating with and relating to people who see things… — Ray Dalio Copy Share Image
People who excel at book learning tend to call up from memory what they have learned in order to follow stored instructions.… — Ray Dalio Book Copy Share Image
“I also feared boredom and mediocrity much more than I feared failure. For me, great is better than terrible, and terrible is… — Ray Dalio Failure Copy Share Image
“We diagnosed why in the same way an engineer would diagnose why a machine is operating suboptimally so it could be reengineered… — Ray Dalio Computers 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
“Beware of group-think: The fact that no one seems concerned doesn’t mean nothing is wrong.” — Ray Dalio 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
“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
“Have the clearest possible reporting lines and delineations of responsibilities.” — Ray Dalio Responsibility Copy Share Image
“Distinguish between you as the designer of your machine and you as a worker with your machine. One of the hardest things… — Ray Dalio Computers Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Better way 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
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
“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
“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
“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
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
“Successful people are those who can go above themselves to see things objectively and manage those things to shape change. f. Asking others… — Ray Dalio Success Copy Share Image
“At a high level, we look for people who think independently, argue open-mindedly and assertively, and above all else value the intense… — Ray Dalio High level 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
“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
“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
“Pay for the person, not the job. Look at what people in comparable jobs with comparable experience and credentials make, add some… — Ray Dalio Copy Share Image
