“b. To be “good” something must operate consistently with the laws of reality and contribute to the evolution of the whole; that is… — Ray Dalio Copy Share Image
I do think people need to recognize that a lot of journalists want to write a story a certain way because the… — Ray Dalio Certain Copy Share Image
“Your highest priority should be the most important issues with the most believable and most relevant parties.” — Ray Dalio 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 Copy Share Image
“Keep in mind both the rates of change and the levels of things, and the relationships between them. When determining an acceptable… — Ray Dalio Change Copy Share Image
I think if you look at the statistics and you deal with fake media - and fake media and distorted media is… — Ray Dalio Balance Copy Share Image
“if you can recognize that you have blind spots and open-mindedly consider the possibility that others might see something better than you—and… — Ray Dalio Copy Share Image
We don't know what truth is anymore. You or other media people can say there's no problem, but you're losing your credibility.… — Ray Dalio Credibility Copy Share Image
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense. — Ray Dalio Believe Copy Share Image
“While the right design is essential, it is only half the battle. It is equally important to put the right people in… — Ray Dalio Right people Copy Share Image
“People who are one way on the inside and another way on the outside become conflicted and often lose touch with their… — Ray Dalio Copy Share Image
“Consider second- and third-order consequences, not just first-order ones” — Ray Dalio Copy Share Image
“Recognize that having an effective idea meritocracy requires that you understand the merit of each person’s ideas.” — Ray Dalio Copy Share Image
“Great people are hard to find so make sure you think about how to keep them.” — Ray Dalio Great people Copy Share Image
“people’s greatest weaknesses are the flip sides of their greatest strengths.” — Ray Dalio Greatest strength Copy Share Image
“Most people have a tough time reflecting when they are in pain and they pay attention to other things when the pain… — Ray Dalio Pain Copy Share Image
Though how nature works is way beyond man's ability to comprehend, I have found that observing how nature works offers innumerable lessons… — Ray Dalio Ability Copy Share Image
I think so many people are reactive... they see things in a short term way they're right up against it. — Ray Dalio I think 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
“go slowly when faced with the choice between two things that you need that are seemingly at odds. That way you can… — Ray Dalio Choice Copy Share Image
I found that whenever I encountered a situation, rather than just reacting to it, it was tremendously useful to think carefully about… — Ray Dalio Cases 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
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount… — Ray Dalio Amount Copy Share Image
“However, rather than blindly following the computer’s recommendations, I would have the computer work in parallel with my own analysis and then… — Ray Dalio Computers Copy Share Image
