Ray Dalio Quotes

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

Be wary of the arrogant intellectual who comments from the stands without having played on the field.

Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way.

There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.

To be successful, we need everyone to think independently and work through disagreement to decide what's best.

Meditation more than anything in my life was the biggest ingredient of whatever success I've had.

Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.

If you don't own Gold, you know neither history nor economics.

The more you think you know, the more closed-minded you'll be.

To make money in the markets, you have to think independently and be humble.

If you have the power to see things through somebody else's eyes, it's like going from black and white to color or two dimensions to three dimensions.

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

Don't worry about looking good - worry about achieving your goals.

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.

Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.

When you're centered, your emotions are not hijacking you.

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.

Successful people ask for the criticism of others and consider its merit.

I think meditation has been the single biggest reason for whatever success Ive had

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.

He who lives by the crystal ball will eat shattered glass.

Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.

There are two main drivers of asset class returns - inflation and growth.

An economy is not a complicated thing; it just has a lot of moving parts.

The big question is: When will the term structure of interest rates change? That's the question to be worried about.

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

It's more important to do big things well than to do small things perfectly.

There are far more good answers "out there" than there are in you.

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.

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.

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.

When two intelligent parties disagree, that's when the potential for learning and moving ahead begins.

I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.

There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.

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.

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

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.

Almost everything is like a machine.

Treat your life like a game.

You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.

In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem.

Watch out for people who think it's embarrassing not to know.

I don't get caught up in the moment.

Meditation, more than any other factor, has been the reason for what success I've had.

There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people

Pull in your belt, spend less, and reduce debt.

What matters most is that the people you work with share your values.

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.

I believe that understanding what is good is obtained by looking at the way the world works and figuring out how to operate in harmony with it to help it evolve.

Know what your people are like, and make sure they do their jobs excellently.