Best Ray Dalio 22 Brilliant Audio Quotes Wise Success Words Ideas. Female Male Voice

“ Making a handful of good uncorrelated bets that are balanced and leveraged well is the surest way of having a lot of upside without being exposed to the unacceptable downside.” – Ray Dalio

“ Mistakes are the path to progress.” – Ray Dalio

“ If you don’t own gold, you know neither history nor economics.” – Ray Dalio

“ If your objective is to be as good, as you can be, then you’re going to want criticism.” – Ray Dalio

“ The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment.” – Ray Dalio

“ Every time you have pain, it’s is an indication that something’s at odds.” – Ray Dalio

“ When I’m looking at it I think these things that kind of keep happening over and over again … and then I have this template … and these rules, if this happens then, that’s going to happen because it has all happened before.” – Ray Dalio

“ To test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.” – Ray Dalio

“ If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money.” – Ray Dalio

“ There are two broad approaches to decision making: evidence/logic-based (which comes from the higher-level brain) and subconscious/emotion-based (which comes from the lower-level animal brain).” – Ray Dalio

“ Listening to uninformed people is worse than having no answers at all.” – Ray Dalio

“ Experience creates internalization. A huge difference exists between memory-based “ book” learning and hands-on, internalized learning. A medical student who has “ learned” to operate his medical school class has not learned it in the same way as a doctor who has already conducted several operations. In the first case, the learning is stored in the conscious mind, and the medical student draws on his memory bank to remember what he has learned. In the second case, what the doctor has learned through hands-on experience is stored in the subconscious mind and pops up without his consciously recalling it from the memory bank.” – Ray Dalio

“ Demand is best measured in terms of spending, You know, I think in traditional economics, it’s a mistake to measure it in terms of the number of goods.” – Ray Dalio

“ Every time you confront something painful, you are at a potentially important juncture in your life – you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion.” – Ray Dalio

“ I believe one of the most valuable things you can do to improve your decision making is to think through your principles for making decisions, write them out in both words and computer algorithms, back-test them if possible, and use them on a real-time basis to run in parallel with your brain’s decision making.” – Ray Dalio

“ Don’t be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other big, important things. Be an effective imperfectionist.” – Ray Dalio

“ Almost everything is like a machine, and Nature is a machine. A family is a machine. The life cycle is like a machine.” – Ray Dalio

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

“ Treat your life like a game.” – Ray Dalio

“ Remember that weaknesses don’t matter if you find solutions.” – Ray Dalio

“ There are two main drivers of asset class returns – inflation and growth. When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up.” – Ray Dalio