“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
“You have a responsibility to be reasonable and considerate” — Ray Dalio Considerate 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
“Avoid staying too distant. You need to know your people extremely well, provide and receive regular feedback, and have quality discussions.” — Ray Dalio Know People Copy Share Image
People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible… — Ray Dalio Choices 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 Biased Copy Share Image
I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which… — Ray Dalio Cherish Copy Share Image
“Don’t have anything to do with closed-minded people. Being open-minded is much more important than being bright or smart.” — Ray Dalio Closed minded Copy Share Image
To be successful, we need everyone to think independently and work through disagreement to decide what's best. — Ray Dalio Being successful Copy Share Image
“for my family relative to how much should go to people and causes that are more distant, yet more desperately in” — Ray Dalio Family Copy Share Image
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what… — Ray Dalio Allocation Copy Share Image
“Heroes inevitably experience at least one very big failure (which Campbell calls an “abyss” or the “belly of the whale” experience) that… — Ray Dalio Hero Copy Share Image
“Use evaluation tools such as performance surveys, metrics, and formal reviews to document all aspects of a person’s performance.It’s hard to have… — Ray Dalio Communication 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
“Every leader must decide between 1) getting rid of liked but incapable people to achieve their goals and 2) keeping the nice… — Ray Dalio Achieving goals 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
“Mistakes will cause you pain, but you shouldn’t try to shield yourself or others from it. Pain is a message that something… — Ray Dalio Effective teacher Copy Share Image
Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior… — Ray Dalio Doing things Copy Share Image
“Understanding what is true is essential for success, and being radically transparent about everything, including mistakes and weaknesses, helps create the understanding… — Ray Dalio Failure 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
“By developing a partnership with your computer alter ego in which you teach each other and each do what you do best,… — Ray Dalio Computers Copy Share Image
“Over and over again, the same people would walk into the same meetings, do things the same ways, and get the same… — Ray Dalio Bias Copy Share Image
“Money is a byproduct of excellence, not a goal. Our overriding objective is excellence and constant improvement at Bridgewater. To be clear,… — Ray Dalio Constant improvement Copy Share Image
I have a bad rote memory, but I tend to learn through my experiences. And then when I went into the markets,… — Ray Dalio Being successful Copy Share Image
“Know that nobody can see themselves objectively. While we should all strive to see ourselves objectively, we shouldn’t expect everyone to be… — Ray Dalio Help others Copy Share Image
“Focus more on making the pie bigger than on exactly how to slice it so that you or anyone else gets the… — Ray Dalio Long run Copy Share Image
“Losing people I cared so much about and very nearly losing my dream of working for myself was devastating. To make ends… — Ray Dalio Dreams Copy Share Image
“Escalate when you can’t adequately handle your responsibilities” — Ray Dalio Responsibility Copy Share Image
“The process of man’s mind working with technology is what elevates us—” — Ray Dalio Psychology Copy Share Image
“The people who work for you should constantly challenge you,” — Ray Dalio Challenge Copy Share Image
“Observe the patterns of mistakes to see if they are products of weaknesses.” — Ray Dalio Failure Copy Share Image
What matters most is that the people you work with share your values. — Ray Dalio Matter Copy Share Image
