The world is still in deleveraging. Ray Dalio More Quotes by Ray Dalio More Quotes From Ray Dalio I notice a difference from the moment I meditate. Ray Dalio differencesmoments When you're faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making. Ray Dalio choicesdecisionmen We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments. Ray Dalio independentsuccessfularguing I believe there are an infinite number of laws of the universe and that all progress or dreams achieved come from operating in a way that's consistent with them. These laws and the principles of how to operate in harmony with them have always existed. We were given these laws by nature. Man didn't and can't make them up. He can only hope to understand them and use them to get what he wants. Ray Dalio dreamlifebelieve I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous. Ray Dalio decisionmenthinking Constantly probe the people who report to you, and encourage them to probe you. Ray Dalio reportspeople Nature is a machine. The family is a machine. The life cycle is like a machine. Ray Dalio cyclesmachines I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which they and I cherish. Ray Dalio cherishnumberspeople I don't think there is such a thing as the perfect system. Ray Dalio perfectthinking I think it is in the nature of individuals and individual entities not to self-correct. Ray Dalio individualselfthinking I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. Ray Dalio just-sayingmachinescauses Some people have subject matter expertise in one thing. Some people tend to be creative but not reliable, and others are reliable but not creative. Everybody has different dimensions. Ray Dalio differentcreativepeople As Harvard developmental psychologist Robert Kegan, who has studied Bridgewater, says, in most work places everyone is working two jobs. The first is whatever their actual job is; the second consists of managing others' impressions of them, especially by hiding weaknesses and inadequacies - which is an enormous waste of energy. Ray Dalio jobstwofirsts Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more. Ray Dalio growthlifeorder I think the industry can probably self-correct without regulation, but I don't believe an individual outlet can regulate itself. Ray Dalio selfbelievethinking I also believe that everyone needs to think independently and make their own decisions on what makes the most sense. Ray Dalio decisionbelievethinking So I learned that the people who make the most of the process of encountering reality, especially the painful obstacles, learn the most and get what they want faster than people who do not. ... In short, I learned that being totally truthful, especially about mistakes and weaknesses, led to a rapid rate of improvement and movement toward what I wanted. Ray Dalio mistakerealitypeople I pay about a third in taxes, I give away about a third, and I follow the law. Ray Dalio lawpaygiving 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. Ray Dalio threateningrichpeople There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes. Ray Dalio eyestrongwould-be
