To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
RAY DALIOThat’s what I mean by radical truth. I mean accepting reality.
More Ray Dalio Quotes
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Watch out for people who think it’s embarrassing not to know.
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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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To make money in the markets, you have to think independently and be humble.
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People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.
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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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When you’re centered, your emotions are not hijacking you.
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What matters most is that the people you work with share your values.
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I think so many people are reactive… they see things in a short term way they’re right up against it.
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It’s more important to do big things well than to do small things perfectly.
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Successful people ask for the criticism of others and consider its merit.
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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.
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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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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.
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Don’t worry about looking good – worry about achieving your goals.
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
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