That’s what I mean by radical truth. I mean accepting reality.
RAY DALIOI’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.
More Ray Dalio Quotes
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There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.
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There are far more good answers “out there” than there are in you.
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Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.
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What matters most is that the people you work with share your values.
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When you’re faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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Watch out for people who think it’s embarrassing not to know.
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Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
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I think meditation has been the single biggest reason for whatever success Ive had.
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I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right
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Since the only way you are going to find solutions to painful problems is by thinking deeply about them – i.e., reflecting – if you can develop a knee-jerk reaction to pain that is to reflect rather than to fight or flee, it will lead to your rapid learning/evolving.
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There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
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The main reason I write the daily observations is because I want to know where I’m wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
RAY DALIO