“One of the most important decisions you can make is who you ask questions of. Make” — Ray Dalio Ask questions Copy Share Image
I think it is in the nature of individuals and individual entities not to self-correct. — Ray Dalio Entity Copy Share Image
“In trading you have to be defensive and aggressive at the same time.” — Ray Dalio Aggressive Copy Share Image
An economy is not a complicated thing; it just has a lot of moving parts. — Ray Dalio Complicated Copy Share Image
“There were only two big forces to worry about: growth and inflation.” — Ray Dalio Customer Copy Share Image
“Escalate when you can’t adequately handle your responsibilities” — Ray Dalio Responsibility Copy Share Image
“c. Establish clear metrics to make certain that you are following your plan. Ideally, someone other than you should be objectively measuring… — Ray Dalio Data 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
Each person assesses each other person's credibility on different dimensions, because people are strong and weak in different things. — Ray Dalio Credibility Copy Share Image
“Reality, in turn, will send you loud signals about how well your principles are working by rewarding or punishing you, so you… — Ray Dalio Education Copy Share Image
“Be clear on whether you are arguing or seeking to understand, and think about which is most appropriate based on your and… — Ray Dalio Think Appropriate Copy Share Image
“c. Remember that there are typically many paths to achieving your goals. You only need to find one that works.” — Ray Dalio Achieve Copy Share Image
“I urge you to be curious enough to want to understand how the people who see things differently from you came to… — Ray Dalio Curious Copy Share Image
“Don’t assume that a person who has been successful elsewhere will be successful in the job you’re giving them. No” — Ray Dalio Assume Copy Share Image
“first principle: • Think for yourself to decide 1) what you want, 2) what is true, and 3) what you should do to… — Ray Dalio Think Copy Share Image
“I believe one of the most valuable things you can do to improve your decision making is to think through your principles… — Ray Dalio Decision making Copy Share Image
People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also… — Ray Dalio Acquire Copy Share Image
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless,… — Ray Dalio Choices Copy Share Image
“To me it all looked like a beautiful machine with logical cause-effect relationships. By understanding these relationships, I could come up with… — Ray Dalio Computers Copy Share Image
“Build great metrics. Metrics show how the machine is working by providing numbers and setting off alert lights in a dashboard. Metrics… — Ray Dalio Computers Copy Share Image
“If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for… — Ray Dalio Failure 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
“While making money was good, having meaningful work and meaningful relationships was far better. To me, meaningful work is being on a… — Ray Dalio Around the world 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
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
“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
The meaningful work and the meaningful relationships are, to me, comparable rewards. I think being on a mission to do something great… — Ray Dalio Caring Copy Share Image
One of the things meditation gives you is creativity because creativity really comes from the subconscious brain - intuition, imagination - so… — Ray Dalio Be creative Copy Share Image
“Learning how to make decisions in the best possible way and learning to have the courage to make them comes from a)… — Ray Dalio Capable Copy Share Image
Radical transparency is critical to having an idea meritocracy because it shows what's actually happening without spin and prevents people from maneuvering… — Ray Dalio Behinds Copy Share Image
“Listening to uninformed people is worse than having no answers at all.” — Ray Dalio Uninformed Copy Share Image
The media has the power to create an entrenched perception of reality that's incorrect. — Ray Dalio Journalism Copy Share Image
“People who do this fail because they are stubbornly stuck in their own heads.” — Ray Dalio Failure Copy Share Image
“decision making is a two-step process (first learning and then deciding).” — Ray Dalio Deciding Copy Share Image