Ray Dalio Quotes

You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.

Like the saying goes, don’t believe everything you read.

To test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.

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

The best advice I can give you is to ask yourself what do you want, then ask ‘what is true’ – and then ask yourself ‘what should be done about it.’ I believe that if you do this you will move much faster towards what you want to get out of life than if you don’t!

To be successful, we need everyone to think independently and work through disagreement to decide what’s best.

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.

I think meditation has been the single biggest reason for whatever success Ive had.

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.

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.