“Principles are like laws—you can’t break one simply because you and someone else agree to break it.” — Ray Dalio Integrity Copy Share Image
“Seek out the smartest people who disagreed with me so I could try to understand their reasoning.” — Ray Dalio Intelligence Copy Share Image
“Be willing to “shoot the people you love.” It is very difficult to fire people you care about.” — Ray Dalio Difficult people Copy Share Image
“Holding wrong opinions in one’s head and making bad decisions based on them instead of having thoughtful disagreements is one of the… — Ray Dalio Bad decisions Copy Share Image
“I gradually learned that prices reflect people’s expectations, so they go up when actual results are better than expected and they go… — Ray Dalio Copy Share Image
“even the richest people feel short of the money they need to do the things they want to do.” — Ray Dalio Money Copy Share Image
“To do it well, be sure to avoid the common perils of: 1) valuing your own believability more than is logical and… — Ray Dalio Copy Share Image
“1+1=3. Two people who collaborate well will be about three times as effective as each of them operating independently,” — Ray Dalio Copy Share Image
“Organisms, organizations, and individual people are always highly imperfect but capable of improving. So rather than getting stuck hiding our mistakes and… — Ray Dalio Copy Share Image
I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature's laws,… — Ray Dalio Copy Share Image
“1.6 Understand nature’s practical lessons. a. Maximize your evolution. b. Remember “no pain, no gain.” c. It is a fundamental law of nature that in… — Ray Dalio Biology 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
“Learn from success as well as from failure. Radical truth doesn’t require you to be negative all the time. Point out examples… — Ray Dalio Failure Copy Share Image
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss… — Ray Dalio Copy Share Image
In the end, what matters most is that the people you work with share your values, so I've wanted people who value… — Ray Dalio 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 Copy Share Image
“If you are ready to give up everything else and study the whole history and background of the market and all principal… — Ray Dalio Customer Copy Share Image
“If you choose the right people with the right values and remain in sync with them, you will play beautiful jazz together.… — Ray Dalio Next chapter Copy Share Image
Evolution is the only thing that exists through time. That is true for computers, or people, or a business. We tend to… — Ray Dalio Biology Copy Share Image
“the primary purpose of every living thing is to act as a vessel for the DNA that evolves life through time.” — Ray Dalio Life Copy Share Image
“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential” — Ray Dalio Copy Share Image
“Beware of statements that begin with “I think that . . .” Just because someone thinks something doesn’t mean it’s true.” — Ray Dalio Copy Share Image
“If people don’t follow the agreed-upon paths, they don’t have the right to complain about either the people they disagree with or… — Ray Dalio Copy Share Image
“make sure that no single bet, or even multiple bets, could cause me to lose more than an acceptable amount.” — Ray Dalio Copy Share Image
“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Problem solving Copy Share Image
“Be an imperfectionist. Perfectionists spend too much time on little differences at the margins at the expense of the important things.” — Ray Dalio Excellence Copy Share Image
In return, society rewards those who give it what it wants. That is why how much money people have earned is a… — Ray Dalio Giving Copy Share Image
“Failing to consider second- and third-order consequences is the cause of a lot of painfully bad decisions,” — Ray Dalio Bad decisions Copy Share Image
“If you don’t have a willingness to fail, you’re going to have to be very careful not to invent.” — Ray Dalio Copy Share Image
“How can clothing and nutrition be so severely deficient in this “land of opportunity”?” — Ray Dalio Deficient Copy Share Image
“Force yourself and the people who work for you to do difficult things. It’s a basic law of nature: You must stretch… — Ray Dalio Difficult things Copy Share Image
“Bad outcomes don’t just happen; they occur because specific people make, or fail to make, specific decisions” — Ray Dalio Decision making Copy Share Image
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio Child Copy Share Image
“I used to think that memory-based, conscious learning was the most powerful, but I’ve since come to understand that it produces” — Ray Dalio Education Copy Share Image
“Logic, reason, and common sense are your best tools for synthesizing reality and understanding what to do about it.” — Ray Dalio Common sense Copy Share Image
“If you continue doing what you think is best when all the evidence and believable people are against you, you’re being dangerously… — Ray Dalio Arrogant Copy Share Image
“everyone is affected when one person is demotivated, treated badly, not given due respect.” — Ray Dalio Respect Copy Share Image
“I cannot emphasize enough how important the selection, training, testing, evaluation, and sorting out of people is.” — Ray Dalio Fitness 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 Copy Share Image
“you’re looking for the best answer, not simply the best answer that you can come up with yourself.” — Ray Dalio Copy Share Image
