15 Ray Dalio Quotes That Will Have A Huge Impact On Your Development As A Person | Exploring Markets

15 Ray Dalio Quotes That Will Have A Huge Impact On Your Development As A Person

1.) "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!" - Ray Dalio

2.) "I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one's strengths and weaknesses are." - Ray Dalio 

3.) "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." - Ray Dalio 

4.) "He who lives by the crystal ball will eat shattered glass." - Ray Dalio 

5.) "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." - Ray Dalio

6.) "There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people." - Ray Dalio 

7.) "Don't worry about looking good - worry about achieving your goals." - Ray Dalio 

8.) "Be wary of the arrogant intellectual who comments from the stands without having played on the field." - Ray Dalio 

9.) "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." - Ray Dalio 

10.) "If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don't face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it. After seeing how effectively facing reality – especially your problems, mistakes and weaknesses – works, you will become comfortable with it and won't want to operate any other way. I also believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right." - Ray Dalio

11.) "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." - Ray Dalio 

12.) "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." - Ray Dalio 

13.) "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." - Ray Dalio 

14.) "I have found that by looking at what is rewarded and punished, and why, universally — i.e., in nature as well as in humanity — I have been able to learn more about what is "good" and "bad" than by listening to most people's views about good and bad." - Ray Dalio 

15.) "I have been very lucky because I have had the opportunity to see what it's like to have little or no money and what it's like to have a lot of it. I'm lucky because people make such a big deal of it and, if I didn't experience both, I wouldn't be able to know how important it really is for me. I can't comment on what having a lot of money means to others, but I do know that for me, having a lot more money isn't a lot better than having enough to cover the basics. That's because, for me, the best things in life — meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other basic needs and pleasures — are not, past a certain point, materially improved upon by having a lot of money." - Ray Dalio