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 DALIORadical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
More Ray Dalio Quotes
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What matters most is that the people you work with share your values.
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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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That’s what I mean by radical truth. I mean accepting reality.
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Treat your life like a game.
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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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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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I notice a difference from the moment I meditate.
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Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
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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.
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It’s more important to do big things well than to do small things perfectly.
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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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Some people seek to understand, and some people seek to portray what they want to portray.
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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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Successful people ask for the criticism of others and consider its merit.
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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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