Top 15 Ray Dalio Quotes

You only have so much time and energy; make sure you are investing them in exploring the problems that, if fixed, will yield you the biggest returns. But at the same time, make sure you spend enough time with the small problems to make sure they're not symptoms of larger ones.

Own your life and take responsibility to make it great. When life doesn't give you what you want, don't be angry—learn how reality works and develop principles to get you where you want to be. Be radically open-minded, and recognize that if you want to be really successful, you have to work really hard.

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

Make sure they're fully informed and believable. Find out who is responsible for whatever you are seeking to understand and then ask them. Listening to uninformed people is worse than having no answers at all.

You need people who share your tastes and style but who can also push and challenge each other. The best teams, whether in music, in sports, or in business, do all those things at the same time.

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.

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.

the happiest people discover their own nature and match their life to it.

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

Having the basics — a good bed to sleep in, good relationships, good food, and good sex — is most important, and those things don’t get much better when you have a lot of money or much worse when you have less. And the people one meets at the top aren’t necessarily more special than those one meets at the bottom or in between.

Listening to uninformed people is worse than having no answers at all.

I just want to be right — I don’t care if the right answer comes from me.

Pain + Reflection = Progress

Truth - more precisely, an accurate understanding of reality - is the essential foundation for producing good outcomes.

If you can’t successfully do something, don’t think you can tell others how it should be done