Quote

I'm scared of people with power making the decision.

Ray Dalio

Change background

T
T
T

Change font

TAGS & TOPICS

Ray Dalio
Age: 75
Born: 1949
Born: August 8
Businessman
Hedge Fund Manager
Investor
Jackson Heights
Queens
Raymond Dalio
Raymond Thomas Dalio
Power
People
Scared
Decision
Making

More quotes by Ray Dalio

Image
School typically doesn't prepare young people for real life - unless their lives are spent following instructions and pleasing others. In my opinion, that's why so many students who succeed in school fail in life.
Ray Dalio
Image
When you're centered, your emotions are not hijacking you.
Ray Dalio
Image
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
Image
The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
Ray Dalio
Image
He who lives by the crystal ball will eat shattered glass.
Ray Dalio
Image
I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.
Ray Dalio
Image
Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don't know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don't.
Ray Dalio
Image
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.
Ray Dalio
Image
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.
Ray Dalio
Image
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.
Ray Dalio
Image
The big question is: When will the term structure of interest rates change? That's the question to be worried about.
Ray Dalio
Image
Everyone has to decide for themselves what works for them and their organization.
Ray Dalio
Image
Constantly probe the people who report to you, and encourage them to probe you.
Ray Dalio
Image
Don't worry about looking good - worry about achieving your goals.
Ray Dalio
Image
Like the saying goes, don't believe everything you read.
Ray Dalio
Image
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
Image
I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
Ray Dalio
Image
Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.
Ray Dalio
Image
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
Image
I notice a difference from the moment I meditate.
Ray Dalio