262 Quotes by Ray Dalio

It is far more common for people to allow ego to stand in the way of learning.

People who worry about looking good typically hide what they don’t know and hide their weaknesses, so they never learn how to properly deal with them and these weaknesses remain impediments in the future.

Don’t get distracted by shiny objects.

As much as I love and have benefited from artificial intelligence, I believe that only people can discover such things and then program computers to do them. That’s why I believe that the right people, working with each other and with computers, are the key to success.

Successful people ask for the criticism of others and consider its merit.

When people get at each other’s throat, the rich and the poor and the Left and the Right and so on, and you have a basic breakdown, that becomes very threatening.

Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor.

Recognize that having an effective idea meritocracy requires that you understand the merit of each person’s ideas.

In time, I realized that the satisfaction of success doesn’t come from achieving your goals, but from struggling well.