Learn how much confidence to have in your people — don’t as… - Ray Dalio

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Learn how much confidence to have in your people — don’t assume it. No manager should delegate responsibilities to people they don’t know well.

Ray Dalio

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About Ray Dalio

Raymond Thomas Dalio (born August 8, 1949) is an American investor, billionaire, author, and hedge fund manager, who founded Bridgewater Associates in 1971.

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Alternative Names: Raymond Dalio • Raymond Thomas Dalio

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the mistake of spending virtually no time on designing because they are preoccupied with execution. Remember: Designing precedes doing!

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.

I also feared boredom and mediocrity much more than I feared failure.

Learn how much confidence to have in your people — don’t assume it. No manager should delegate responsibilities to people they don’t know well. - Ray Dalio

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