“The individual’s incentives must be aligned with the group’s goals.” — Ray Dalio Goals Copy Share Image
If you don't own Gold, you know neither history nor economics. — Ray Dalio Economics Copy Share Image
“Consider second- and third-order consequences, not just first-order ones” — Ray Dalio Consequences Copy Share Image
“Getting the right people in the right roles in support of your goal is the key to succeeding at whatever you choose… — Ray Dalio Goals Copy Share Image
“Reality, in turn, will send you loud signals about how well your principles are working by rewarding or punishing you, so you… — Ray Dalio Education Copy Share Image
Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in… — Ray Dalio Copy Share Image
“Beware of group-think: The fact that no one seems concerned doesn’t mean nothing is wrong.” — Ray Dalio Copy Share Image
“I also recommend that both parties observe a “two-minute rule” in which neither interrupts the other, so they both have time to… — Ray Dalio Argument Copy Share Image
Some people seek to understand, and some people seek to portray what they want to portray. — Ray Dalio People Copy Share Image
“Raising the probability of being right is valuable no matter what your probability of being right already is.” — Ray Dalio Probability Copy Share Image
“The best way to make great decisions is to know how to triangulate with other, more knowledgeable people.” — Ray Dalio Decision making Copy Share Image
“Teach and reinforce the merits of mistake-based learning. To encourage people to bring their mistakes into the open and analyze them objectively,… — Ray Dalio Education Copy Share Image
“Get over “blame” and “credit” and get on with “accurate” and “inaccurate.” Worrying about “blame” and “credit” or “positive” and “negative” feedback… — Ray Dalio Copy Share Image
“If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for… — Ray Dalio Failure Copy Share Image
The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is… — Ray Dalio Copy Share Image
“Leonard Mlodinow, in his excellent book Subliminal, writes, “We usually assume that what distinguishes us [from other species] is IQ. But it… — Ray Dalio Books Copy Share Image
“Time is like a river that carries us forward into encounters with reality that require us to make decisions. We can’t stop… — Ray Dalio Time Copy Share Image
“In order to match a person to the design, start by creating a spec sheet so that there will be a consistent… — Ray Dalio Performance review Copy Share Image
“Build great metrics. Metrics show how the machine is working by providing numbers and setting off alert lights in a dashboard. Metrics… — Ray Dalio Computers Copy Share Image
“Avoid the anonymous “we” and “they,” because they mask personal responsibility. Things don’t just happen by themselves—they happen because specific people did… — Ray Dalio Personal accountability Copy Share Image
“Because I believed that the choice was between accelerating inflation and deflationary depression, I was holding both gold (which performs well in… — Ray Dalio Copy Share Image
“I gave Wang a copy of Joseph Campbell’s great book The Hero with a Thousand Faces, because he is a classic hero… — Ray Dalio Book Copy Share Image
“It’ll be decades—and maybe never—before the computer can replicate many of the things that the brain can do in terms of imagination,… — Ray Dalio Computers Copy Share Image
“Learning to meditate helped too. When the Beatles visited India in 1968 to study Transcendental Meditation at the ashram of Maharishi Mahesh… — Ray Dalio Coming home Copy Share Image
“the incremental benefits of having a lot and being on top are not nearly as great as most people think. Having the… — Ray Dalio Copy Share Image
“As a result, I tended to hire people who were the same way—who would dive right into challenges, figure out what to… — Ray Dalio Common sense Copy Share Image
Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around… — Ray Dalio Accountability Copy Share Image
“Distinguish between idle complaints and complaints meant to lead to improvement” — Ray Dalio Complaints Copy Share Image
We don't have ways of resolving the arguments in idea meritocratic way. — Ray Dalio Argument Copy Share Image
“Understand the differences between managing, micromanaging, and not managing.” — Ray Dalio Leader Copy Share Image
“beneficial change begins when you can acknowledge and even embrace your weaknesses.” — Ray Dalio Copy Share Image
![“Leonard Mlodinow, in his excellent book Subliminal, writes, “We usually assume that what distinguishes us [from other species] is IQ. But it is our social IQ that ought to be the principal quality that differentiates us.” quote by Ray Dalio](https://sms4smile.com/quotes/i/0b3/ray-dalio-299_books_leonard-mlodinow-in-his-excellent-book-s_2217542.jpg)
