Next chapter Quote by Ray Dalio

“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

“Having a process that ensures problems are brought to the surface, and their root causes diagnosed, assures that continual improvements occur.”

— Ray Dalio

“If you can’t successfully do something, don’t think you can tell others how it should be done”

— Ray Dalio

“Remember that a good plan should resemble a movie script.”

— Ray Dalio

“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

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

“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

“So I learned to be radically open-minded to allow others to point out what I might be missing.”

— Ray Dalio

“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

“is more effective to train that subconscious, emotional you the same way you would teach a child to behave”

— Ray Dalio

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

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