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. - Ray Dalio quotes

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.

Author: Ray Dalio

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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

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

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