Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
RAY DALIOWhen you think that it’s too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful.
More Ray Dalio Quotes
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People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
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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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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
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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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Constantly probe the people who report to you, and encourage them to probe you.
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Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.
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Forget about what the technology is. Just understand the motivation behind it.
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Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
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Like the saying goes, don’t believe everything you read.
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What matters most is that the people you work with share your values.
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I think meditation has been the single biggest reason for whatever success Ive had.
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I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature’s laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.
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There are far more good answers “out there” than there are in you.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.
RAY DALIO