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

Ray Dalio

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Ray Dalio
Age: 75
Born: 1949
Born: August 8
Businessman
Hedge Fund Manager
Investor
Jackson Heights
Queens
Raymond Dalio
Raymond Thomas Dalio
Works
Everyone
Decide
Organization

More quotes by Ray Dalio

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You'll see that excuses like That's not easy are of no value and that it pays to push through it at a pace you can handle. Like getting physically fit, the most important thing is that you keep moving forward at whatever pace you choose, recognizing the consequences of your actions.
Ray Dalio
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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.
Ray Dalio
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There are two main drivers of asset class returns - inflation and growth.
Ray Dalio
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I don't think there is such a thing as the perfect system.
Ray Dalio
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It is a law of nature that you must do difficult things to gain strength and power. As with working out, after a while you make the connection between doing difficult things and the benefits you get from doing them, and you come to look forward to doing these difficult things.
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.
Ray Dalio
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I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.
Ray Dalio
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Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected two: they're the first and most essential part of the learning process and three: feeling bad about them will prevent you from getting better.
Ray Dalio
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Be wary of the arrogant intellectual who comments from the stands without having played on the field.
Ray Dalio
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To make money in the markets, you have to think independently and be humble.
Ray Dalio
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Like the saying goes, don't believe everything you read.
Ray Dalio
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I think the President of the United States must operate by rules. I think our judicial system must operate by the rules. You have to operate by the rules of the system, and if you don't, if you pull rank, then you lose all your credibility.
Ray Dalio
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As Harvard developmental psychologist Robert Kegan, who has studied Bridgewater, says, in most work places everyone is working two jobs. The first is whatever their actual job is the second consists of managing others' impressions of them, especially by hiding weaknesses and inadequacies - which is an enormous waste of energy.
Ray Dalio
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Forget about what the technology is. Just understand the motivation behind it.
Ray Dalio
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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
Ray Dalio
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People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony.
Ray Dalio
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With the media, we don't know what's true, and we don't have radical transparency because we're seeing everything through somebody else's eyes. There's no other industry that has as much power and as much freedom and as little quality control. I can't imagine how anyone could not think that's a problem.
Ray Dalio
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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.
Ray Dalio
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Some people seek to understand, and some people seek to portray what they want to portray.
Ray Dalio
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The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment. Typically, high past returns simply imply that an asset has become more expensive and is a poorer, not better, investment.
Ray Dalio