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.
RAY DALIOTo be successful, we need everyone to think independently and work through disagreement to decide what’s best.
More Ray Dalio Quotes
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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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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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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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Almost everything is like a machine.
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I’ve learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I could figure out what that was, I could learn how to be more effective.
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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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If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
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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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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
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Don’t worry about looking good – worry about achieving your goals.
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Constantly probe the people who report to you, and encourage them to probe you.
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I think the greatest tragedy of mankind is that people have ideas and opinions in their heads but don’t have a process for properly examining these ideas to find out what’s true. That creates a world of distortions.
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There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
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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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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!
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