“Remember not to be overconfident in your assessments, as it’s possible you are wrong.” — Ray Dalio Overconfident Copy Share Image
“One thing that leaders should not do, in my opinion, is be manipulative.” — Ray Dalio Leader Copy Share Image
“If you don’t mind being wrong on the way to being right you’ll learn a lot—” — 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
“Establish clear metrics to make certain that you are following your plan.” — Ray Dalio Metrics Copy Share Image
I pay about a third in taxes, I give away about a third, and I follow the law. — Ray Dalio Copy Share Image
“The more open- minded you are, the less likely you are to deceive yourself— and the more likely it is that others… — Ray Dalio Honest feedback Copy Share Image
“future. That led me to make a thirty-minute video, How the Economic Machine Works, which I released in 2013.” — Ray Dalio Economics Copy Share Image
Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits… — Ray Dalio Copy Share Image
“Experience taught me how invaluable it is to reflect on and write down my decision-making criteria whenever I made a decision, so… — Ray Dalio Decision making Copy Share Image
“If I can reconcile my emotions with my logic and only act when they are aligned, I make better decisions.” — Ray Dalio Decision making Copy Share Image
“I attribute as much of my success to what I’ve learned about the brain as I do to my understanding of economics… — Ray Dalio Brain Copy Share Image
“You must not let your need to be right be more important than your need to find out what’s true.” — Ray Dalio Copy Share Image
“Everyone has at least one big thing that stands in the way of their success; find yours and deal with it.” — Ray Dalio Copy Share Image
“Specifying our investment decision-making criteria in algorithms and running historical data through them, or specifying our work principles in algorithms and using… — Ray Dalio Copy Share Image
“By developing a partnership with your computer alter ego in which you teach each other and each do what you do best,… — Ray Dalio Alter ego Copy Share Image
I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as… — Ray Dalio Copy Share Image
I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who… — Ray Dalio Copy Share Image
“Remember that people tend to pick people like themselves, so choose interviewers who can identify what you are looking for. If you’re… — Ray Dalio Copy Share Image
Meditation helps you stay in a calm, clear-headed state so that when challenges come at you, you can deal with them like… — Ray Dalio Calm Copy Share Image
“Watch out for people who think it’s embarrassing not to know. They’re likely to be more concerned with appearances than actually achieving… — Ray Dalio Copy Share Image
I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of… — Ray Dalio Copy Share Image
“You need to make sure that each one of those steps is done more systematically and purposefully. For example, you should think… — Ray Dalio Esprit de corps Copy Share Image
The expression I use: Pain + Reality = Progress. Whenever I would have a painful mistake, I started to view that as… — Ray Dalio Copy Share Image
To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table,… — Ray Dalio Decision Copy Share Image
Radical transparency is critical to having an idea meritocracy because it shows what's actually happening without spin and prevents people from maneuvering… — Ray Dalio Copy Share Image
“Think of every decision as a bet with a probability and a reward for being right and a probability and a penalty… — Ray Dalio Decision making Copy Share Image
One of the things meditation gives you is creativity because creativity really comes from the subconscious brain - intuition, imagination - so… — Ray Dalio Copy Share Image
“Learning how to make decisions in the best possible way and learning to have the courage to make them comes from a)… — Ray Dalio Copy Share Image
“Money is a byproduct of excellence, not a goal. Our overriding objective is excellence and constant improvement at Bridgewater. To be clear,… — Ray Dalio Constant improvement Copy Share Image
