Strategic thinking requires both diagnosis and design. - Ray Dalio

Money is a byproduct of excellence, not a goal. Our overriding objective is excellence and constant improvement at Bridgewater. To be clear, it is not to make lots of money. The natural extension of this is not that you should be happy with little money. On the contrary — you should expect to make a lot. If we operate consistently with this philosophy we should be productive and the company should do well financially. There is comparatively little age- and seniority-based hierarchy.

Don’t just pay attention to your job; pay attention to how your job will be done if you are no longer around.

our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual thinking.