“Get rid of irrelevant details so that the essential things and the relationships between them stand out.” — Ray Dalio Copy Share Image
“Your highest priority should be the most important issues with the most believable and most relevant parties.” — Ray Dalio Important issues Copy Share Image
“Think through which values, abilities, and skills you are looking for (in that order).” — Ray Dalio Abilities Copy Share Image
“Know what types of mistakes are acceptable and what types are unacceptable, and don’t allow the people who work for you to… — Ray Dalio Failure Copy Share Image
“The most important thing is that you develop your own principles and ideally write them down, especially if you are working with… — Ray Dalio Copy Share Image
“What was most important wasn't knowing the future—it was knowing how to react appropriately to the information available at each point in… — Ray Dalio Knowing the future Copy Share Image
“Most problems happen for one of two reasons: 1) It isn’t clear who the Responsible Party is, or 2) The Responsible Party… — Ray Dalio Problems Copy Share Image
“no manager at any level can expect to succeed without the skill set of an organizational engineer.” — Ray Dalio Copy Share Image
“Our brains work like computers: They input data and process it in accordance with their wiring and programming. Any opinion you have… — Ray Dalio Brain Copy Share Image
What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that… — Ray Dalio Copy Share Image
“Just as our physical attributes determine the limits of what we are able to do physically—some people are tall and others are… — Ray Dalio Copy Share Image
“Because we are capable of conscious, memory-based learning, we can evolve further and faster than any other species, changing not just across… — Ray Dalio Learning Copy Share Image
I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong… — Ray Dalio Copy Share Image
I think the greatest tragedy of mankind is that people have ideas and opinions in their heads but don't have a process… — Ray Dalio Distortion Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing… — Ray Dalio Copy Share Image
Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to… — Ray Dalio Copy Share Image
“It’s senseless to have making money as your goal as money has no intrinsic value—its value comes from what it can buy,… — Ray Dalio Goals Copy Share Image
“Fast talking can be especially effective when it’s used against people worried about appearing stupid. Don’t be one of those people. Recognize… — Ray Dalio Copy Share Image
“Most people assume that the challenges that go along with growing a large business are greater than those of growing a smaller… — Ray Dalio Business Copy Share Image
I'm sure Donald Trump will think that he has the truth, and some journalist is arguing that he has truth, and somebody… — Ray Dalio Copy Share Image
“Remember that believable opinions are most likely to come from people 1) who have successfully accomplished the thing in question at least… — Ray Dalio Opinions Copy Share Image
Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions.… — Ray Dalio 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 Copy Share Image
Don't be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other… — Ray Dalio Copy Share Image
“The greatest success you can have as the person in charge is to orchestrate others to do things well without you.” — Ray Dalio Greatest success Copy Share Image
“what’s happening in the world, and how that relates to thousands of years of history and the never-changing nature of mankind.” — Ray Dalio History Copy Share Image
“Inexperienced people can have great ideas too, sometimes far better ones than more experienced people” — Ray Dalio Copy Share Image
“Everyone has weaknesses. They are generally revealed in the patterns of mistakes they make.” — Ray Dalio Failure Copy Share Image
“Keep your strategic vision the same while making appropriate tactical changes as circumstances dictate.” — Ray Dalio Dreams Copy Share Image
“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
“When offered the choice of being fair with you or taking more for themselves, most people will take more for themselves” — Ray Dalio Choice Copy Share Image
Be wary of the arrogant intellectual who comments from the stands without having played on the field. — Ray Dalio Arrogant Copy Share Image
“Asking others who are strong in areas where you are weak to help you is a great skill that you should develop… — Ray Dalio Skill Copy Share Image
“Avoid getting sucked down. This occurs when a manager is pulled down to doing the tasks of a subordinate without acknowledging the… — Ray Dalio Leader Copy Share Image
“If you can develop a reflexive reaction to psychic pain that causes you to reflect on it rather than avoid it, it… — Ray Dalio Pain Copy Share Image
“If your people are bound by a sense of community and mission and they are capable, you will have an extraordinary organization.” — Ray Dalio Community Copy Share Image
“Don’t pay as much attention to people’s conclusions as to the reasoning that led them to their conclusions.” — Ray Dalio Reasoning Copy Share Image
“In order to have the best life possible, you have to: 1) know what the best decisions are and 2) have the… — Ray Dalio Courage Copy Share Image
“I realized that passing on knowledge is like passing on DNA—it is more important than the individual, because it lives way beyond… — Ray Dalio Knowledge Copy Share Image
“in most companies people are doing two jobs: their actual job and the job of managing others’ impressions of how they’re doing… — Ray Dalio Copy Share Image
