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Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.

Ray Dalio

Everyone has to decide for themselves what works for them and their organization.
RAY DALIO

Decision Organization Work
Though how nature works is way beyond man’s ability to comprehend, I have found that observing how nature works offers innumerable lessons that can help us understand the realities that affect us.
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Affect Beyond Lesson Nature Understand Way Work
Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
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Bad Goodness Hide Place Radiant Reason
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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Believe Best Evidence Finding Interest Share Truth Way
That’s what I mean by radical truth. I mean accepting reality.
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Acceptance Myself Radiant Truth
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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Achievement Believe Choice Difficult
The main reason I write the daily observations is because I want to know where I’m wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
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Help Myself Observation Reason Writing Wrong
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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Choice Confusion Creation Impossible People True
Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there’s an education level that plays into the mix and so if it’s inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.
RAY DALIO

Competition Cost Education Factor Goodness Place Reality Word
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.
RAY DALIO

Ethics Integrity Judgement Learning Love People Perspective
An economy is not a complicated thing; it just has a lot of moving parts.
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Complication Economy Move
Demand is best measured in terms of spending. You know, I think in traditional economics, it’s a mistake to measure it in terms of the quantity of goods.
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Demand Measurement Mistake Myself Quantity Tradition
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.
RAY DALIO

Believe Consist Karma Law Myself Nature Punishment Reward Success
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

Bond Expectation Growth Investment Marketing Slow
Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don’t know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don’t.
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Bad Easy Oneself Opinion Production Right Situation Value Worst
If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.
RAY DALIO

Country Current Decline Interest Rate
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.
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End Motivational People Relationship Share Value Work
Almost everything is like a machine.
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Machine One Liner People
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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Creation Greatness Kind Man Myself Thinking Tragedy World
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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Essential Fear Independent Right Thinking Truth Understand
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.
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Creation People Photograph Team Trust
When you’re centered, your emotions are not hijacking you.
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Emotion Spiritual Aware Yourself
Don’t worry about looking good – worry about achieving your goals.
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Achievement Appearance Goal Goodness Worry
Treat your life like a game.
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Game Life One Liner Treat
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.
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Hesitate Myself People Tolerance
To be successful, we need everyone to think independently and work through disagreement to decide what’s best.
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Best Decision Independent Need Success Thinking
I think so many people are reactive… they see things in a short term way they’re right up against it.
RAY DALIO

Myself People Reaction Right Thinking

Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.

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Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.

Related Topics

Popular Authors

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