Ray Dalio Quotes, Thoughts and images

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

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

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

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

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

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

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

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

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

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

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

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

Treat your life like a game.

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

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

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

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.

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.

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.

Like the saying goes, don't believe everything you read.

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.

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

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