Don’t worry about looking good – worry about achieving your goals.
RAY DALIOI’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.
More Ray Dalio Quotes
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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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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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A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
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When you’re centered, your emotions are not hijacking you.
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There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
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What matters most is that the people you work with share your values.
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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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Constantly probe the people who report to you, and encourage them to probe you.
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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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Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way.
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There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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There are far more good answers “out there” than there are in you.
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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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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.
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