“So I learned that the people who make the most of the process of encountering reality, especially the painful obstacles, learn the most and get what they want faster than people who do not. ... In short, I learned that being totally truthful, especially about mistakes and weaknesses, led to a rapid rate of improvement and movement toward what I wanted.” PeopleWantRealityWantedProcessMistakeMovementWeaknessRatePainfulObstaclesImprovementFasterTruthfulRapids Author:Ray Dalio
“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.” WantLifeLife IsOrderGrowthTastePersonal GrowthInvestingAlternativesGiantsRejectsDeliciousLife Is Like Author:Ray Dalio
“By and large, life will give you what you deserve and it doesn't give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.” WantLifeNeedsGivingGrowthResponsibilityDeservePersonal GrowthInvestingWhat You WantDamnUp To YouWhat You Deserve Author:Ray Dalio
“Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.” WantLifeDoeGamesGrowthAbilityAcceptingFitEasierPersonal GrowthInvestingWhat You WantUncomfortableThrillingGet Fit Author:Ray Dalio
“There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.” WantLifeGivingDesireGrowthPersonal GrowthInvestingMaking MoneyExcellentCorrelation Author:Ray Dalio
“Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.” PeopleKnowsWantLifeWellsUseProblemRealityGrowthKnow HowProgressPersonal GrowthInvestingGroundedIdealistConverses Author:Ray Dalio
“I believe there are an infinite number of laws of the universe and that all progress or dreams achieved come from operating in a way that's consistent with them. These laws and the principles of how to operate in harmony with them have always existed. We were given these laws by nature. Man didn't and can't make them up. He can only hope to understand them and use them to get what he wants.” MenWayWantLifeBelieveUseDreamLawUniverseGivenI BelieveGrowthNumbersPrinciplesProgressHarmonyInfinitePersonal GrowthInvestingConsistent Author:Ray Dalio
“Some people seek to understand, and some people seek to portray what they want to portray.” PeopleWant Author:Ray Dalio
“I do think people need to recognize that a lot of journalists want to write a story a certain way because the story will be better or the portrayal will be better, or at least recognize that whenever you're looking at something, you're seeing it through somebody's eyes who may actually not be the person who is the most insightful.” PeopleThinkingWayWantNeedsWritingMayPersonsStoriesEyeCertainSeeingJournalistInsightfulPortrayal Author:Ray Dalio
“The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and then ask yourself 'what should be done about it.' I believe that if you do this you will move much faster towards what you want to get out of life than if you don't!” IfsWantLifeGivingShouldBelieveI CanDoneMovingAsksI BelieveAdvicePersonal GrowthInvestingWhat You WantFasterBest Advice Author:Ray Dalio
“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.” PeopleWantGivingWantedReturnRewardsRough Author:Ray Dalio
“Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.” IfsMenWantRealPlayHoursLevelsCostChinaWhat You WantFactorsVersusCompetitivenessGood EducationInexpensive Author:Ray Dalio
“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.” IfsKnowsWantWritingReasonHelpingObservationHelp Me Author:Ray Dalio
