“Know that the most constant struggle is between feeling and thinking.” — Ray Dalio Adversity Copy Share Image
“Have the clearest possible reporting lines and delineations of responsibilities.” — Ray Dalio Clearest Copy Share Image
The media has the power to create an entrenched perception of reality that's incorrect. — Ray Dalio Journalism Copy Share Image
“Listening to uninformed people is worse than having no answers at all.” — Ray Dalio Copy Share Image
“Managers who do not understand people's different thinking styles cannot understand how the people working for them will handle different situations.” — Ray Dalio Management Copy Share Image
“The most effective leaders work to 1) open-mindedly seek out the best answers and 2) bring others along as part of that discovery process” — Ray Dalio Leader Copy Share Image
You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold. — Ray Dalio Copy Share Image
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful… — Ray Dalio Beautiful Copy Share Image
When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and… — Ray Dalio Copy Share Image
“you need to weigh first-order consequences against second- and third-order consequences, and base your decisions not just on near-term results but on… — Ray Dalio Consequences Copy Share Image
I think so many people are reactive... they see things in a short term way they're right up against it. — Ray Dalio Copy Share Image
“Because our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual… — Ray Dalio Conceptual thinking Copy Share Image
With the media, we don't know what's true, and we don't have radical transparency because we're seeing everything through somebody else's eyes.… — Ray Dalio Copy Share Image
For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other… — Ray Dalio Basic needs Copy Share Image
“1. Put our honest thoughts out on the table, 2. Have thoughtful disagreements in which people are willing to shift their opinions as they… — Ray Dalio Disagreements Copy Share Image
You'll see that excuses like "That's not easy" are of no value and that it pays to "push through it" at a… — Ray Dalio Action Copy Share Image
“Every time you confront something painful, you are at a potentially important juncture in your life—you have the opportunity to choose healthy… — Ray Dalio Painful truth Copy Share Image
Some people have subject matter expertise in one thing. Some people tend to be creative but not reliable, and others are reliable… — Ray Dalio Copy Share Image
“Clearly assign responsibilities. Eliminate any confusion about expectations and ensure that people view their failures to complete their tasks and achieve their… — Ray Dalio Failure Copy Share Image
“People who run companies are faced with important choices every day. How they make those choices determines the character of the company,… — Ray Dalio Business Copy Share Image
“But this approach fails in cases where the future is different from the past and you don’t know the cause-effect relationships well… — Ray Dalio Failure Copy Share Image
“To acquire principles that work, it’s essential that you embrace reality and deal with it well. Don’t fall into the common trap… — Ray Dalio Learning Copy Share Image
People who excel at book learning tend to call up from memory what they have learned in order to follow stored instructions.… — Ray Dalio Book Copy Share Image
“Investors think independently, anticipate things that haven’t happened yet, and put real money at stake with their bets. Policymakers come from environments… — Ray Dalio Customer Copy Share Image
So I learned that the people who make the most of the process of encountering reality, especially the painful obstacles, learn the… — Ray Dalio Failure Copy Share Image
“If you’re willing to confront reality, accept the pain that comes with doing so, and follow the 5-Step Process to drive yourself… — Ray Dalio Copy Share Image
“At a high level, we look for people who think independently, argue open-mindedly and assertively, and above all else value the intense… — Ray Dalio Copy Share Image
“People’s personalities are pretty well formed before they come to you, and they’ve been leaving their fingerprints all over the place since… — Ray Dalio Children Copy Share Image
“decision making is a two-step process (first learning and then deciding).” — Ray Dalio Copy Share Image
