Quote by Ray Dalio Download Open image ““Consider second- and third-order consequences, not just first-order ones”” — Ray Dalio ★ ★ ★ ★ ★ 3.0 out of 5 (6 ratings) Copy quoteShare
“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 results over… — Ray Dalio Copy Share Image
“The simpler, the better. Complications lead to multiplicative chains of unanticipated effects.” — Nassim Nicholas Taleb Copy Share Image
“However, in many instances we might be very wise to ask what the consequence of removing the consequence might actually be.” — Craig D. Lounsbrough Copy Share Image
“There are always consequences. Nothing occurs without consequences. You must face consequences.” — Stephen Hunter Copy Share Image
“Every action has possible bad consequences and crucially every inaction has possible bad consequences.” — Ben Hunt-Davis Copy Share Image
A departure from principle in one instance becomes a precedent for a second; that second for a third; and so on, till the bulk… — Thomas Jefferson Copy Share Image
“Have you ever heard of the law of unintended consequences?” He shook his head. “It basically says that any intervention in a complex system… — Michael R. Hicks Copy Share Image
Consequences matter more than intentions, and not just the immediate consequences, but also the longer run repercussions of decisions, policies, and institutions. — Thomas Sowell Copy Share Image
“If we could see the endless string of consequences that result from our smallest actions.” — John Green 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 a principle.… — Ray Dalio Copy Share Image
“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.” — Ray Dalio Copy Share Image
“If you can’t successfully do something, don’t think you can tell others how it should be done” — Ray Dalio Copy Share Image
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I… — Ray Dalio Copy Share Image
I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous. — Ray Dalio Copy Share Image
“A manager’s ability to recognize when outcomes are inconsistent with goals and then modify designs and assemble people to rectify them makes all the… — Ray Dalio Copy Share Image
“So I learned to be radically open-minded to allow others to point out what I might be missing.” — Ray Dalio Copy Share Image
“During those terrible days after 9/11, when the whole country was being whipsawed by emotion, or the weeks between September 19 and October 10,… — Ray Dalio Copy Share Image
“is more effective to train that subconscious, emotional you the same way you would teach a child to behave” — Ray Dalio 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 the future… — Ray Dalio Copy Share Image
Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better… — Ray Dalio Copy Share Image
