“It is important to determine whether the root cause of a particular problem (“Harry was careless”) is part of a larger pattern… — Ray Dalio Root cause Copy Share Image
Since the only way you are going to find solutions to painful problems is by thinking deeply about them - i.e., reflecting… — Ray Dalio Copy Share Image
“short-term interest rates above long-term rates (which was called “inverting the yield curve”). Every time that happened, inflation-hedged assets and the economy… — Ray Dalio Customer Copy Share Image
“Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions, as opposed… — Ray Dalio Future success Copy Share Image
Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two:… — Ray Dalio Copy Share Image
“For me, not telling people what’s really going on so as to protect them from the worries of life is like letting… — Ray Dalio Christmas Copy Share Image
“If ever you find yourself about to make a decision (especially a big decision) in one of these areas without consulting others,… — Ray Dalio Choice Copy Share Image
“You better make sense of what happened to other people in other times and other places because if you don’t you won’t… — Ray Dalio Copy Share Image
Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the… — Ray Dalio Copy Share Image
“To visualize what I mean by “shaping” and “shapers,” think of Steve Jobs, who was probably the greatest and most iconic shaper… — Ray Dalio Success Copy Share Image
Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level… — Ray Dalio China Copy Share Image
The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if… — Ray Dalio Copy Share Image
“Thoughtful disagreement is not a battle; its goal is not to convince the other party that he or she is wrong and… — Ray Dalio Copy Share Image
“no matter what asset class one held, there would come a time when it would lose most of its value. This included… — Ray Dalio Customer Copy Share Image
“When faced with the choice between two things you need that are seemingly at odds, go slowly to figure out how you… — Ray Dalio Choice Copy Share Image
“Help people through the pain that comes with exploring their weaknesses. Emotions tend to heat up during most disagreements, especially when the… — Ray Dalio Communication Copy Share Image
When there is pain, the animal instinct is 'fight or flight' (i.e., to either strike back or run away) - reflect instead.… — Ray Dalio Animal Copy Share Image
I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for… — Ray Dalio Copy Share Image
If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way… — Ray Dalio Better way Copy Share Image
One of the greatest sources of problems in our society arises from people having loads of wrong theories in their heads -… — Ray Dalio Copy Share Image
“Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life. They can… — Ray Dalio Habits Copy Share Image
School typically doesn't prepare young people for real life - unless their lives are spent following instructions and pleasing others. In my… — Ray Dalio Education Copy Share Image
“approach the conversation in a way that conveys that you’re just trying to understand.26 Use questions rather than make statements. Conduct the… — Ray Dalio Communication Copy Share Image
“While in the past I would encounter problems, figure out their causes, and design my own ways to get around them, others… — Ray Dalio Mentor Copy Share Image
I'm going to give away a lot more than half my money. I'd be happy to give that to the government if… — Ray Dalio Copy Share Image
“While it’s easier to avoid confrontations in the short run, the consequences of doing so can be massively destructive in the long… — Ray Dalio Conflicts Copy Share Image
“Recognize that you don’t need to make judgments about everything. Think about who is responsible for something (and their believability), how much… — Ray Dalio Judgments Copy Share Image
“1. Remember the goal. 2. Give the goal to people who can achieve it (which is best) or tell them what to do… — Ray Dalio Goals Copy Share Image
“Software developers, mathematicians, and game-theory modelers aren’t running away with all the rewards; it is the people who have the most common… — Ray Dalio Common sense Copy Share Image
“The best way to make great decisions is to know how to triangulate with other, more knowledgeable people. So be discerning about… — Ray Dalio Decision making Copy Share Image
People with good work habits have to-do lists that are reasonably prioritized, and they make themselves do what needs to be done.… — Ray Dalio Copy Share Image
Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier… — Ray Dalio Ability Copy Share Image
“When countries negotiate with one another, they typically operate as if they are opponents in a chess match or merchants in a… — Ray Dalio Goals Copy Share Image
“Imagine a world in which you can use technology to connect to a system in which you can input the issue you’re… — Ray Dalio Technology Copy Share Image
“Buddhist monks who had practiced more than ten thousand hours of meditation, researchers at the University of Wisconsin measured significantly higher levels… — Ray Dalio Buddhism Copy Share Image
“Enforce the logic of conversations. People’s emotions tend to heat up when there is disagreement. Remain calm and analytical at all times;… — Ray Dalio Communication 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 Copy Share Image
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that… — Ray Dalio Copy Share Image
“The four main assessments we use are the Myers-Briggs Type Indicator (MBTI), the Workplace Personality Inventory, the Team Dimensions Profile, and Stratified… — Ray Dalio Assessments Copy Share Image
“Remember that the only purpose of money is to get you what you want, so think hard about what you value and… — Ray Dalio Good relationship Copy Share Image
