Overconfident Quote by Ray Dalio
““Remember not to be overconfident in your assessments, as it’s possible you are wrong.””
About This Quote
Source Book: Principles, 2017
Avoid overconfidence; acknowledge the possibility of error in judgments.
In simple terms: Stay humble about your assessments.
Check assumptions regularly.
Themes
Mood
Type
When to use this quote
- investment decisions
- project evaluations
- personal judgments
Key Concepts
Questions to Reflect On
- When have you been wrong despite confidence?
- What checks can you implement?
May lead to indecision if overapplied.