The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
I think the President of the United States must operate by rules. I think our judicial system must operate by the rules. You have to operate by the r… - Ray Dalio
I think the President of the United States must operate by rules. I think our judicial system must operate by the rules. You have to operate by the r…
- Ray Dalio
We don't have ways of resolving the arguments in idea meritocratic way. - Ray Dalio
We don't have ways of resolving the arguments in idea meritocratic way.
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 t… - Ray Dalio
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 t…
Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions. - Ray Dalio
Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
Watch out for people who think it's embarrassing not to know. - Ray Dalio
Watch out for people who think it's embarrassing not to know.
The more you think you know, the more closed-minded you'll be. - Ray Dalio
The more you think you know, the more closed-minded you'll be.
When you're centered, your emotions are not hijacking you. - Ray Dalio
When you're centered, your emotions are not hijacking you.
It's more important to do big things well than to do small things perfectly. - Ray Dalio
It's more important to do big things well than to do small things perfectly.
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records.… - Ray Dalio
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records.…
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