Ray Dalio Quotes

Who is Ray Dalio?

Raymond Thomas Dalio is an American billionaire investor, hedge fund manager and philanthropist. Dalio is the author of 'Principles: Life & Work' and one of the wealthiest people around.

Born August 08, 1949

Books by Ray Dalio


Best 75 Quotes by Ray Dalio

“Anyone you see succeeding is only succeeding at things you’re paying attention to.” They’re probably “also failing at lots of other things.”

Ray Dalio

“Decide what you really want in life by reconciling your goals and your desires.”

Ray Dalio

“Don’t blame bad outcomes on anyone but yourself.”

Ray Dalio

“Don’t confuse what you wish were true with what is really true.”

Ray Dalio

“Don’t let pain stand in the way of progress.”

Ray Dalio

“Don’t overweight first-order consequences relative to second- and third-order ones.”

Ray Dalio

“Don’t worry about looking good—worry instead about achieving your goals.”

Ray Dalio

“If you are open-minded enough and determined, you can get virtually anything you want.”

Ray Dalio

“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

“Truth - more precisely, an accurate understanding of reality - is the essential foundation for producing good outcomes.”

Ray Dalio

“View painful problems as potential improvements that are screaming at you.”

Ray Dalio

“Whatever your nature is, there are many paths that will suit you, so don’t fixate on just one. Should a particular path close, all you have to do is find another good one consistent with what you’re like.”

Ray Dalio

Principles Quotes

“1+1=3. Two people who collaborate well will be about three times as effective as each of them operating independently.”

Ray Dalio
Principles

“Above all else, I want you to think for yourself, to decide 1) what you want, 2) what is true and 3) what to do about it.”

Ray Dalio
Principles

“Any damn fool can make it complex. It takes a genius to make it simple.”

Ray Dalio
Principles

“Believe it or not, your pain will fade and you will have many other opportunities ahead of you.”

Ray Dalio
Principles

“Beware of statements that begin with 'I think that...'

Just because someone thinks something doesn’t mean it’s true.

Ray Dalio
Principles

“Build the organization around goals rather than tasks.”

Ray Dalio
Principles

“Choose your habits well. Habit is probably the most powerful tool in your brain’s toolbox.”

Ray Dalio
Principles

“Closed-minded people don’t want their ideas challenged.”

Ray Dalio
Principles

“Don’t have anything to do with closed-minded people. Being open-minded is much more important than being bright or smart.”

Ray Dalio
Principles

Products by Ray Dalio

“Don’t hire people just to fit the first job they will do; hire people you want to share your life with.”

Ray Dalio
Principles

“Don’t just pay attention to your job; pay attention to how your job will be done if you are no longer around.”

Ray Dalio
Principles

“Don’t let the little things divide you when your agreement on the big things should bind you.”

Ray Dalio
Principles

“Don’t mistake possibilities for probabilities. Anything is possible. It’s the probabilities that matter. Everything must be weighed in terms of its likelihood and prioritized.”

Ray Dalio
Principles

“Evaluate accurately, not kindly.”

Ray Dalio
Principles

“Even the richest people feel short of the money they need to do the things they want to do.”

Ray Dalio
Principles

“Every leader must decide between getting rid of liked but incapable people to achieve their goals and keeping the nice but incapable people and not achieving their goals.

Whether or not you can make these hard decisions is the strongest determinant of your own success.”

Ray Dalio
Principles

“Every time you confront something painful, you are at a potentially important juncture in your life—you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion.”

Ray Dalio
Principles

“Experience taught me how invaluable it is to reflect on and write down my decision-making criteria whenever I made a decision, so I got in the habit of doing that.”

Ray Dalio
Principles