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Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well know how to interact with the world more effectively than those who know fewer of them or know them less well.

Ray Dalio
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Ray Dalio's Popular Quotes

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

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

Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.

- Ray Dalio

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

- Ray Dalio

Watch out for people who think it's embarrassing not to know.

- Ray Dalio

When you're centered, your emotions are not hijacking you.

- Ray Dalio

It's more important to do big things well than to do small things perfectly.

- 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.…

- Ray Dalio
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