“When a problem occurs, conduct the discussion at two levels: 1) the machine level (why that outcome was produced) and 2) the… — Ray Dalio Problem solving Copy Share Image
“Whatever circumstances life brings you, you will be more likely to succeed and find happiness if you take responsibility for making your… — Ray Dalio Decision making Copy Share Image
I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York… — Ray Dalio About Copy Share Image
“In thinking about the relative importance of great relationships and money, it was clear that relationships were more important because there is… — Ray Dalio Great relationship Copy Share Image
“I saw that to do exceptionally well you have to push your limits and that, if you push your limits, you will… — Ray Dalio Push Your Limits Copy Share Image
“Everyone has at least one big thing that stands in the way of their success; find yours and deal with it.” — Ray Dalio Success Copy Share Image
“You need to make sure that each one of those steps is done more systematically and purposefully. For example, you should think… — Ray Dalio Esprit de corps Copy Share Image
“d. In designing your organization, remember that the 5-Step Process is the path to success and that different people are good at… — Ray Dalio Different people 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
“But while almost all of us quickly agreed on the principles intellectually, many still struggled to convert what they had agreed to… — Ray Dalio Copy Share Image
If you don't own Gold, you know neither history nor economics. — Ray Dalio Economics Copy Share Image
Some people seek to understand, and some people seek to portray what they want to portray. — Ray Dalio People Copy Share Image
“Watch out for people who confuse goals and tasks, because if they can’t make that distinction, you can’t trust them with responsibilities.” — Ray Dalio Goals 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
“Watch out for “department slip.” This happens when a support department mistakes its responsibility to provide support with a mandate to determine… — Ray Dalio Copy Share Image
“Truth—or, more precisely, an accurate understanding of reality—is the essential foundation for any good outcome.” — Ray Dalio Learning Copy Share Image
“I believe that the need to have meaningful work is connected to man’s innate desire to improve.” — Ray Dalio Meaningful work Copy Share Image
“Speak frankly, listen with an open mind, consider the views of other believable and honest people, and try to get in sync… — Ray Dalio Honest people Copy Share Image
“the greatest success you can have as the person in charge is to orchestrate others to do things well” — Ray Dalio Success Copy Share Image
Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions. — Ray Dalio Action Copy Share Image
“Chances are you won’t have time to deal with the unimportant things, which is better than not having time to deal with… — Ray Dalio Important things Copy Share Image
“no manager at any level can expect to succeed without the skill set of an organizational engineer.” — Ray Dalio Management Copy Share Image