To make money in the markets, you have to think independently and be humble. — Ray Dalio Copy Share Image
Nature is a machine. The family is a machine. The life cycle is like a machine. — Ray Dalio Computers Copy Share Image
Forget about what the technology is. Just understand the motivation behind it. — Ray Dalio Copy Share Image
“Everyone should be up-front in expressing how confident they are in their thoughts.” — Ray Dalio Confident Copy Share Image
“nature optimizes for the whole, not for the individual, but most people judge good and bad based only on how it affects… — Ray Dalio Good and bad Copy Share Image
“Don’t assume that a person who has been successful elsewhere will be successful in the job you’re giving them. No” — Ray Dalio Copy Share Image
“Everything important in your life needs to be on a trajectory to be above the bar and headed toward excellent at an… — Ray Dalio Copy Share Image
“Most of life’s greatest opportunities come out of moments of struggle; it’s up to you to make the most of these tests… — Ray Dalio Creativity Copy Share Image
“Choose your habits well. Habit is probably the most powerful tool in your brain’s toolbox.” — Ray Dalio Habit Copy Share Image
“I urge you to be curious enough to want to understand how the people who see things differently from you came to… — Ray Dalio Copy Share Image
“Be clear on whether you are arguing or seeking to understand, and think about which is most appropriate based on your and… — Ray Dalio Copy Share Image
“c. Remember that there are typically many paths to achieving your goals. You only need to find one that works.” — Ray Dalio Copy Share Image
So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of… — Ray Dalio Business Copy Share Image
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that… — Ray Dalio Copy Share Image
“1. Have clear goals. 2. Identify and don’t tolerate the problems that stand in the way of your achieving those goals. 3. Accurately diagnose… — Ray Dalio Achieving goals Copy Share Image
“Look to the patterns of those things that affect you in order to understand the cause-effect relationships that drive them and to… — Ray Dalio Cause Effect Copy Share Image
“Remember that everyone has opinions and they are often bad. Opinions are easy to produce; everyone has plenty of them and most… — Ray Dalio Opinions Copy Share Image
“Nature gave us one hell of an incentive to have sex in the form of the great pleasure it provides, even though… — Ray Dalio Copy Share Image
“Most people see the things around them without considering the forces that created them. In most cases those forces were specific people… — Ray Dalio People change Copy Share Image
“Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as… — Ray Dalio Decision making Copy Share Image
I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their… — Ray Dalio Approach Copy Share Image
“I realized that all of them—like me, like everyone—make mistakes, struggle with their weaknesses, and don’t feel that they are particularly special… — Ray Dalio Academy award Copy Share Image
Distinguish open-minded people from closed-minded people. Open-minded people seek to learn by asking questions; they realize that what they know is little… — Ray Dalio Copy Share Image
“Never rule out a goal because you think it’s unattainable. Be audacious. There is always a best possible path. Your job is… — Ray Dalio Copy Share Image
“Reality exists at different levels and each of them gives you different but valuable perspectives. It’s important to keep all of them… — Ray Dalio Copy Share Image
“d. In designing your organization, remember that the 5-Step Process is the path to success and that different people are good at… — Ray Dalio Copy Share Image
“Making money in the markets is tough. The brilliant trader and investor Bernard Baruch put it well when he said, “If you… — Ray Dalio Customer Copy Share Image
“1. Slow down your thinking so you can note the criteria you are using to make your decision. 2. Write the criteria down as… — Ray Dalio Decision making Copy Share Image
“Play jazz with people with whom you are compatible but who will also challenge you” — Ray Dalio Jazz Copy Share Image
“I just want to be right—I don’t care if the right answer comes from me.” — Ray Dalio Copy Share Image
“Getting a lot of attention for being successful is a bad position to be in.” — Ray Dalio Attention Copy Share Image
“people’s greatest weaknesses are the flip sides of their greatest strengths.” — Ray Dalio Greatest strength Copy Share Image
“every mistake you make can teach you something, so there’s no end to learning.” — Ray Dalio Education Copy Share Image