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.
RAY DALIOForget about what the technology is. Just understand the motivation behind it.
More Ray Dalio Quotes
-
-
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!
RAY DALIO -
That’s what I mean by radical truth. I mean accepting reality.
RAY DALIO -
Forget about what the technology is. Just understand the motivation behind it.
RAY DALIO -
You should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.
RAY DALIO -
There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.
RAY DALIO -
There is nothing to fear from truth….Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.
RAY DALIO -
Meditation, more than any other factor, has been the reason for what success I’ve had.
RAY DALIO -
I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.
RAY DALIO -
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.
RAY DALIO -
Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.
RAY DALIO -
I’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.
RAY DALIO -
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.
RAY DALIO -
He who lives by the crystal ball will eat shattered glass.
RAY DALIO -
I think meditation has been the single biggest reason for whatever success Ive had.
RAY DALIO -
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.
RAY DALIO -
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
RAY DALIO -
School typically doesn’t prepare young people for real life – unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.
RAY DALIO -
An economy is not a complicated thing; it just has a lot of moving parts.
RAY DALIO -
To make money in the markets, you have to think independently and be humble.
RAY DALIO -
Everyone has to decide for themselves what works for them and their organization.
RAY DALIO -
Don’t worry about looking good – worry about achieving your goals.
RAY DALIO -
There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people.
RAY DALIO -
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.
RAY DALIO -
What matters most is that the people you work with share your values.
RAY DALIO -
I think so many people are reactive… they see things in a short term way they’re right up against it.
RAY DALIO -
In the end, what matters most is that the people you work with share your values, so I’ve wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.
RAY DALIO