Ray Dalio Thoughts

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

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.

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

It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.

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.

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.

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.

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

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