24 Brilliant Ray Dalio Quotes on Investing

Date of Birth: 8 August 1949, New York, USA


Short Biography


Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist, who has served as co-chief investment officer of Bridgewater Associates, the world's largest hedge fund since 1985.

Quotes by Ray Dalio on Investing


“Find the most believable people possible who disagree with you and try to understand their reasoning.” /Ray Dalio
“The most meaningful relationships are achieved when you and others can speak openly to each other about everything that’s important, learn together, and understand the need to hold each other accountable to be as excellent as you can be.” /Ray Dalio
“Most of life’s greatest opportunities come out of moments of struggle; it’s up to you to make the most of these tests of creativity and character.” /Ray Dalio
“Don’t have anything to do with closed-minded people. Being open-minded is much more important than being bright or smart.” /Ray Dalio
“Know what types of mistakes are acceptable and what types are unacceptable, and don’t allow the people who work for you to make the unacceptable ones.” /Ray Dalio
“Watch out for people who confuse goals and tasks, because if they can’t make that distinction, you can’t trust them with responsibilities.” /Ray Dalio
“The challenges you face will test and strengthen you. If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential.” /Ray Dalio
“This way of thinking about risk caused many investors to increase their exposures beyond what would normally be seen as prudent. They looked at the recent volatility in their VAR calculations, and by and large expected it to continue moving forward. This is human nature and it was dumb because past volatility and past correlations aren’t reliable forecasts of future risks.” /Ray Dalio
“Distinguish between you as the designer of your machine and you as a worker with your machine.” /Ray Dalio
“Pay for the person, not the job. Look at what people in comparable jobs with comparable experience and credentials make, add some small premium over that, and build in bonuses or other incentives so they will be motivated to knock the cover off the ball. Never pay based on the job title alone.” /Ray Dalio
“While I used to get angry and frustrated at people because of the choices they made, I came to realize that they weren’t intentionally acting in a way that seemed counterproductive; they were just living out things as they saw them, based on how their brains worked.” /Ray Dalio
“If you can think for yourself while being open-minded in a clearheaded way to find out what is best for you to do, and if you can summon up the courage to do it, you will make the most of your life.” /Ray Dalio
“Thoughtful disagreement is not a battle; its goal is not to convince the other party that he or she is wrong and you are right, but to find out what is true and what to do about it.” /Ray Dalio
“Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way.” /Ray Dalio
“Time is like a river that carries us forward into encounters with reality that require us to make decisions. We can’t stop our movement down this river and we can’t avoid those encounters. We can only approach them in the best possible way.” /Ray Dalio
“To be effective you must not let your need to be right be more important than your need to find out what’s true. If you are too proud of what you know or of how good you are at something you will learn less, make inferior decisions, and fall short of your potential.” /Ray Dalio
“Imagine that in order to have a great life you have to cross a dangerous jungle. You can stay safe where you are and have an ordinary life, or you can risk crossing the jungle to have a terrific life. How would you approach that choice? Take a moment to think about it because it is the sort of choice that, in one form or another, we all have to make.” /Ray Dalio
“Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions, as opposed to thinking they have all the answers. Great questions are a much better indicator of future success than great answers.” /Ray Dalio
“I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want. Maturity is the ability to reject good alternatives in order to pursue even better ones.” /Ray Dalio
“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential” /Ray Dalio

Subscribe to our newsletter

If you want to be the first to know about the newly published posts, subscribe!

Take a seat and find best books to read. Useful Addiction Book Blog is the place where readers and book recommendations meet.

Useful Addiction

  • Black LinkedIn Icon
  • Black Facebook Icon
  • Black Instagram Icon
  • Black Twitter Icon
  • Black Goodreads Icon

© Useful Addiction 2020