Ray Dalio Quotes

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

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

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

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

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

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

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

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

“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.”

“The biggest mistake investors make is to believe that what happened in the recent past is likely to persist.

They assume that something that was a good investment in the recent past is still a good investment.”

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

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

“What is most important isn’t knowing the future — it is knowing how to react appropriately to the information available at each point in time.”

“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.”