Constantly probe the people who report to you, and encourage them to probe you.
RAY DALIOWhen two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
More Ray Dalio Quotes
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I notice a difference from the moment I meditate.
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I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for their perspective, is both unethical and unproductive. So I learned to love real integrity and to despise the lack of it.
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Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they’re the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.
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In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.
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If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
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The more you think you know, the more closed-minded you’ll be.
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He who lives by the crystal ball will eat shattered glass.
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Meditation, more than any other factor, has been the reason for what success I’ve had.
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To make money in the markets, you have to think independently and be humble.
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Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don’t know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don’t.
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Some people seek to understand, and some people seek to portray what they want to portray.
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The media has the power to create an entrenched perception of reality that’s incorrect.
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Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
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Watch out for people who think it’s embarrassing not to know.
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Forget about what the technology is. Just understand the motivation behind it.
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