Watch out for people who think it’s embarrassing not to know.
RAY DALIORemember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
More Ray Dalio Quotes
-
-
By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.
RAY DALIO -
What matters most is that the people you work with share your values.
RAY DALIO -
To make money in the markets, you have to think independently and be humble.
RAY DALIO -
I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one’s strengths and weaknesses are.
RAY DALIO -
Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
RAY DALIO -
Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
RAY DALIO -
Treat your life like a game.
RAY DALIO -
I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I’ll come out of it refreshed and centered and that’s how I’ll feel and it’ll carry through the day.
RAY DALIO -
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
RAY DALIO -
When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation’s lower than expected, bonds go up.
RAY DALIO -
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.
RAY DALIO -
Almost everything is like a machine.
RAY DALIO -
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.
RAY DALIO -
Forget about what the technology is. Just understand the motivation behind it.
RAY DALIO -
It’s more important to do big things well than to do small things perfectly.
RAY DALIO