Decision making Quote by Ray Dalio
““Bad outcomes don’t just happen; they occur because specific people make, or fail to make, specific decisions””
About This Quote
Source Book: Principles by Ray Dalio, 2017
Decisions shape outcomes; poor results stem from specific bad choices or indecision.
In simple terms: Bad outcomes come from bad decisions.
Make deliberate choices.
Themes
Mood
Type
When to use this quote
- business strategy
- personal finance
- leadership
- project planning
Key Concepts
Questions to Reflect On
- How can you improve decision quality?
- What habits prevent poor choices?
Decisions are sometimes constrained by limited information.