Ray Dalio Quotes

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

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

Meditation more than anything in my life was the biggest ingredient of whatever success I've had.

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

The world is still in deleveraging.

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

There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.

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

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

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

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

I don't get caught up in the moment.

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

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

In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem.

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

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

Treat your life like a game.

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

The big question is: When will the term structure of interest rates change? That's the question to be worried about.

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.

I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.

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.

Nature is a machine. The family is a machine. The life cycle is like a machine.

He who lives by the crystal ball will eat shattered glass.

I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.

When two intelligent parties disagree, that's when the potential for learning and moving ahead begins.

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

The economy is like a machine.

If inflation-adjusted interest rates decline in a given country, its currency is likely to decline.

Meditation, more than any other factor, has been the reason for what success I've had.

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.

Know what your people are like, and make sure they do their jobs excellently.

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

I notice a difference from the moment I meditate.

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

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

Almost everything is like a machine.

I think so many people are reactive ... they see things in a short term way they're right up against it.

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

Constantly probe the people who report to you, and encourage them to probe you.

I think meditation has been the single biggest reason for whatever success Ive had

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.

I pay about a third in taxes, I give away about a third, and I follow the law.

Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.

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