Don’t have anything to do with closed-minded people. Being open-minded is much more important than being bright or smart. - Ray Dalio

Strategic thinking requires both diagnosis and design.

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

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.