“Making a handful of good uncorrelated bets that are balanced and leveraged well is the surest way of having a lot of… — Ray Dalio 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
“Ultimately, what you need in the people you work with are excellent character and excellent capabilities, which is why it’s so hard… — Ray Dalio Great people 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
The big question is: When will the term structure of interest rates change? That's the question to be worried about. — Ray Dalio Copy Share Image
“root causes manifest themselves over and over again in seemingly different situations.” — Ray Dalio Copy Share Image
“Radically open-minded people know that coming up with the right questions and asking other smart people what they think is as important… — Ray Dalio Open minded Copy Share Image
“the process will inevitably be dominated by the most powerful rather than the most insightful participants,” — Ray Dalio Copy Share Image
Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse… — Ray Dalio 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
“you can never be sure of anything: There are always risks out there that can hurt you badly, even in the seemingly… — Ray Dalio Risks Copy Share Image
Never say anything about a person you wouldn't say to them directly, and don't try people without accusing them to their face.… — Ray Dalio Copy Share Image
“Everybody has strengths and weaknesses. The key to success is understanding one’s weaknesses and successfully compensating for them. People who lack that… — Ray Dalio Key to success Copy Share Image
“It is futile to give responsibilities to people who do not have the qualities required to succeed. It frustrates, and inevitably angers,… — Ray Dalio Climate Copy Share Image
“It is common for conversations to consist of people sharing their conclusions rather than exploring the reasoning that led to those conclusions.… — Ray Dalio Communication Copy Share Image
“Closed-minded people block others from speaking. If it seems like someone isn’t leaving space for the other person in a conversation, it’s… — Ray Dalio Copy Share Image
“A culture and its people are symbiotic—the culture attracts certain kinds of people and the people in turn either reinforce or evolve… — Ray Dalio Culture 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
“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
“Focus more on making the pie bigger than on exactly how to slice it so that you or anyone else gets the… — Ray Dalio 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
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
I believe that our society's "mistake-phobia" is crippling, a problem that begins in most elementary schools, where we learn to learn what… — Ray Dalio Copy Share Image
“Governance is the oversight system that removes the people and the processes if they aren’t working well. It is the process that… — Ray Dalio Checks and balances Copy Share Image
If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important… — Ray Dalio Attention Copy Share Image
“Learn about your people and have them learn about you through frank conversations about mistakes and their root causes.” — Ray Dalio Communication Copy Share Image
“Don’t hire people just to fit the first job they will do; hire people you want to share your life with.” — Ray Dalio First job Copy Share Image
“To be principled means to consistently operate with principles that can be clearly explained.” — Ray Dalio Integrity Copy Share Image
“Focusing strictly on the logical cause-effect relationships was what allowed us to see what was really going on.” — Ray Dalio Cause Effect Copy Share Image
“you choose to push through this often painful process of personal evolution, you will naturally “ascend” to higher and higher levels.” — Ray Dalio Ascend Copy Share Image
“Remember that most people will pretend to operate in your interest while operating in their own.” — Ray Dalio Copy Share Image
“To me, the greatest success you can have as the person in charge is to orchestrate others to do things well without… — Ray Dalio Greatest success Copy Share Image
“I believe that the need to have meaningful work is connected to man’s innate desire to improve.” — Ray Dalio Meaningful Copy Share Image
“The worst thing you can be is a phony, because if you’re a phony you will lose people’s trust” — Ray Dalio Copy Share Image
I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. — 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
“Thinking about problems that are difficult to solve may make you anxious, but not thinking about them (and hence not dealing with… — Ray Dalio Anxiety Copy Share Image
“the greatest success you can have as the person in charge is to orchestrate others to do things well” — Ray Dalio Greatest success Copy Share Image
“It doesn’t pay to be open-minded with everyone. Instead, spend your time exploring ideas with the most believable people you have access… — Ray Dalio Open mind Copy Share Image
“Don’t try to find solutions yet. Your focus in this step is strictly on listing the problems.” — Ray Dalio Focus Copy Share Image
