“The two biggest barriers to good decision making are your ego and your blind spots.” — Ray Dalio Barriers Copy Share Image
“a. Get over “blame” and “credit” and get on with “accurate” and “inaccurate.” — Ray Dalio Copy Share Image
“Evolving is life’s greatest accomplishment and its greatest reward.” — Ray Dalio Evolution Copy Share Image
“You don’t want the people you work with to merely pay lip service” — Ray Dalio Lip service Copy Share Image
“they must be able to put their egos aside and assess themselves candidly.” — Ray Dalio Egos Copy Share Image
Everyone has to decide for themselves what works for them and their organization. — Ray Dalio Copy Share Image
You have to put yourself in my shoes as a person who believes in radical truth and in being radically transparent, not… — Ray Dalio Copy Share Image
In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's… — Ray Dalio Copy Share Image
“Distinguish between you as the designer of your machine and you as a worker with your machine.” — Ray Dalio Computers Copy Share Image
When you think that it's too hard, remember that in the long run, doing the things that will make you successful is… — Ray Dalio Copy Share Image
If you have the power to see things through somebody else's eyes, it's like going from black and white to color or… — Ray Dalio Copy Share Image
“for my family relative to how much should go to people and causes that are more distant, yet more desperately in” — Ray Dalio Family Copy Share Image
To be successful, we need everyone to think independently and work through disagreement to decide what's best. — Ray Dalio Being successful Copy Share Image
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what… — Ray Dalio Copy Share Image
Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of… — Ray Dalio Big picture Copy Share Image
“Pay for the person, not the job. Look at what people in comparable jobs with comparable experience and credentials make, add some… — Ray Dalio Copy Share Image
“To me it all looked like a beautiful machine with logical cause-effect relationships. By understanding these relationships, I could come up with… — Ray Dalio Computers Copy Share Image
“first principle: • Think for yourself to decide 1) what you want, 2) what is true, and 3) what you should do to… — Ray Dalio Copy Share Image
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless,… — Ray Dalio Choices Copy Share Image
People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also… — Ray Dalio Copy Share Image
“I believe one of the most valuable things you can do to improve your decision making is to think through your principles… — Ray Dalio Decision making Copy Share Image
We don't know what truth is anymore. You or other media people can say there's no problem, but you're losing your credibility.… — Ray Dalio Credibility Copy Share Image
In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm… — Ray Dalio Boss Copy Share Image
“I didn’t value experience as much as character, creativity, and common sense, which I suppose was related to my having started Bridgewater… — Ray Dalio Common sense Copy Share Image
“Observe the patterns of mistakes to see if they are products of weaknesses. Everyone has weaknesses and they are generally revealed in… — Ray Dalio Connecting the dots Copy Share Image
“Know what your people are like and what makes them tick, because your people are your most important resource. Develop a full… — Ray Dalio Habits Copy Share Image
“Elon Musk (of Tesla, SpaceX, and SolarCity), Jeff Bezos (of Amazon), and Reed Hastings (of Netflix) are other great shapers from the… — Ray Dalio Business world Copy Share Image
“a. View painful problems as potential improvements that are screaming at you. Though it won’t feel that way at first, each and every… — Ray Dalio First step Copy Share Image
“For me, there is really only one big choice to make in life: Are you willing to fight to find out what’s… — Ray Dalio Copy Share Image
“understand that to be truly successful I need to be like a conductor of people, many of whom (if not all) can… — Ray Dalio Beauty Copy Share Image
“Remember that weaknesses don’t matter if you find solutions.” — Ray Dalio Problem solving Copy Share Image
Constantly probe the people who report to you, and encourage them to probe you. — Ray Dalio Copy Share Image
“Understand that a great manager is essentially an organizational engineer.” — Ray Dalio Copy Share Image