Ray Dalio

Radical transparency forces issues to the surface, and it allows the organization to draw on the talents and insights of all its members to solve them.

Ray Dalio

Recognize that while most people prefer compliments, accurate criticism is more valuable. You’ve heard the expression ‘no pain no gain.’

Ray Dalio

Remember not to be overconfident in your assessments, as it’s possible you are wrong.

Ray Dalio

Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.

Ray Dalio

Remember that people typically don’t change all that much.

Ray Dalio

Remember this: the pain is all in your head. If you want to evolve, you need to go where the problems and the pain are. By confronting the pain, you will see more clearly the paradoxes and problems you face. Reflecting on them and resolving them will give you wisdom.

Ray Dalio

Slow down your thinking so you can note the criteria you are using to make your decision.

Ray Dalio

Some people seek to understand, and some people seek to portray what they want to portray.

Ray Dalio

Systemize your decision making.

Ray Dalio

The more you think you know, the more closed-minded you’ll be.

Ray Dalio