Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
RAY DALIOI also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
More Ray Dalio Quotes
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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He who lives by the crystal ball will eat shattered glass.
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To make money in the markets, you have to think independently and be humble.
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Don’t worry about looking good – worry about achieving your goals.
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Some people seek to understand, and some people seek to portray what they want to portray.
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There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That’s a beautiful deleveraging.
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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.
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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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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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Constantly probe the people who report to you, and encourage them to probe you.
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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.
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I believe that for the most part, achieving success – whatever that is for you – is mostly a matter of personal choice and that, initially, making the right choices can be difficult.
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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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When you’re centered, your emotions are not hijacking you.
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