The more you think you know, the more closed-minded you'll be.
Author: Ray Dalio
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You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.
Author: Ray Dalio
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It's more important to do big things well than to do small things perfectly.
Author: Ray Dalio
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
Author: Ray Dalio
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To make money in the markets, you have to think independently and be humble.
Author: Ray Dalio
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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
Author: Ray Dalio
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To be successful, we need everyone to think independently and work through disagreement to decide what's best.
Author: Ray Dalio
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
Author: Ray Dalio
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There are two main drivers of asset class returns - inflation and growth.
Author: Ray Dalio
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If you don't own Gold, you know neither history nor economics.
Chess teaches you to control the initial excitement you feel when you see something that looks good and it trains you to think objectively when you're in trouble