We don't have ways of resolving the arguments in idea meritocratic way. — Ray Dalio Argument Copy Share Image
“Distinguish between idle complaints and complaints meant to lead to improvement” — Ray Dalio Complaints Copy Share Image
“Consider second- and third-order consequences, not just first-order ones” — Ray Dalio Consequences Copy Share Image
We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments. — Ray Dalio Argue Copy Share Image
“It is a fundamental law of nature that in order to gain strength one has to push one’s limits, which is painful.” — Ray Dalio Law of nature Copy Share Image
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Minded Copy Share Image
When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up. — Ray Dalio Customer Copy Share Image
“nature optimizes for the whole, not for the individual, but most people judge good and bad based only on how it affects… — Ray Dalio Good and bad Copy Share Image
“It is a fundamental law of nature that you get stronger only by doing difficult things.” — Ray Dalio Difficult things Copy Share Image
“Don’t just pay attention to your job; pay attention to how your job will be done if you are no longer around.” — Ray Dalio Attention Copy Share Image
“It doesn’t matter what you do with your life, as long as you are doing what is consistent with your nature and… — Ray Dalio Aspirations Copy Share Image
“1. Put our honest thoughts out on the table, 2. Have thoughtful disagreements in which people are willing to shift their opinions as they… — Ray Dalio Disagreements Copy Share Image
For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other… — Ray Dalio Basic needs Copy Share Image
With the media, we don't know what's true, and we don't have radical transparency because we're seeing everything through somebody else's eyes.… — Ray Dalio Eye 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
It is a law of nature that you must do difficult things to gain strength and power. As with working out, after… — Ray Dalio Benefits Copy Share Image
“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and… — Ray Dalio Computers Copy Share Image
“An organization is a community with a set of shared values and goals. Its morale and smooth functioning should always take precedence… — Ray Dalio Goals Copy Share Image
“When everybody thinks the same thing—such as what a sure bet the Nifty 50 is—it is almost certainly reflected in the price,… — Ray Dalio Failure Copy Share Image
“I didn’t value experience as much as character, creativity, and common sense, which I suppose was related to my having started Bridgewater… — Ray Dalio Common sense 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
In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm… — Ray Dalio Boss Copy Share Image
Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around… — Ray Dalio Accountability Copy Share Image
“As a result, I tended to hire people who were the same way—who would dive right into challenges, figure out what to… — Ray Dalio Common sense Copy Share Image
“the incremental benefits of having a lot and being on top are not nearly as great as most people think. Having the… — Ray Dalio Benefits Copy Share Image
“It’ll be decades—and maybe never—before the computer can replicate many of the things that the brain can do in terms of imagination,… — Ray Dalio Computers Copy Share Image
“Learning to meditate helped too. When the Beatles visited India in 1968 to study Transcendental Meditation at the ashram of Maharishi Mahesh… — Ray Dalio Coming home Copy Share Image
If you don't own Gold, you know neither history nor economics. — Ray Dalio Economics Copy Share Image
“You need to develop a fierce intolerance of badness of any kind, regardless of its severity.” — Ray Dalio Badness 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
Look at what caused people to make a lot of money and you will see that usually it is in proportion to… — Ray Dalio Look Copy Share Image
“the satisfaction of success doesn’t come from achieving your goals, but from struggling well.” — Ray Dalio Achieving your goals Copy Share Image
“Don’t let fears of what others think of you stand in your way. You must be willing to do things in the… — Ray Dalio Fear Copy Share Image
“Learn how much confidence to have in your people—don’t assume it. No manager should delegate responsibilities to people they don’t know well.” — Ray Dalio Confidence Copy Share Image
“Recognize that having an effective idea meritocracy requires that you understand the merit of each person’s ideas.” — Ray Dalio Merit Copy Share Image