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Quote by Ray Dalio

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

Quote by Ray Dalio

Book:Principles: Life and Work

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Principles: Life and Work

This book delves into the author's philosophy on life and work, providing a framework for making decisions and achieving success. It covers a range of topics, including ethics, productivity, and personal growth. more

Author

Ray Dalio, born in 1949, is a renowned American businessman, investor, and the founder of Bridgewater Associates, one of the world's largest hedge funds. He is known for his unique investment philosophy and successful corporate management. more

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“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!”

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“Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better at this game through practice. The game consists of a series of choices that have consequences. You can't stop the problems and choices from coming at you, so it's better to learn how to deal with them.”

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“More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look at themselves and others objectively”

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“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.”

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“I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature's laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.”

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

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“For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won't grow.”

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