Ray Dalio Quotes On The Principles Of Success
Ray Dalio is an American investor, hedge fund manager, author and philanthropist. In 1975, he famously founded the investment management firm, Bridgewater Associates from his apartment.
Ray Dalio began investing at 12 years of age. At this young age, he bought shares of Northeast Airlines for $300 and tripled his investment after the airline merged with another company. Fast forward to 2012 and his management firm became the largest hedge fund in the world.
Ray Dalio has been featured in The Times list of 100 most influential people in the world. In 2017 he released his book “Principles: Life & Work” which went on to be a #1 New York Times best-seller. In the book, he breaks down his principles of how to become successful, both in life and in work. Proceeds from his books get donated to charity.
Ray Dalio is a philanthropist with a particular interest in supporting oceanographic research and conservation through Dalio Philanthropies. He has also committed to give more than half of his wealth to charity.
I hope that you will enjoy the following collection of Ray Dalio Quotes.
1. Mistakes are the path to progress. — Ray Dalio
2. 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
3. It is far more common for people to allow ego to stand in the way of learning. — Ray Dalio
4. Choose your habits well. Habit is probably the most powerful tool in your brain’s toolbox. — Ray Dalio
5. Know what you don’t know. Be comfortable with understanding your mistakes and weaknesses. — Ray Dalio
6. The happiest people discover their own nature and match their life to it. — Ray Dalio
7. The most important thing is that you develop your own principles and ideally write them down, especially if you are working with others. — Ray Dalio
8. People with good work habits have to-do lists that are reasonably prioritized, and they make themselves do what needs to be done. — Ray Dalio
9. The more you think you know, the more closed – minded you’ll be. — Ray Dalio
10. Only two things that you need to do in order to be successful. The first is you have to know what the right decisions to make are, and then you have to have the courage to make them. — Ray Dalio
11. Dreams + Reality + Determination = A Successful Life. — Ray Dalio
12. I believe that all organizations basically have two types of people: those who work to be part of a mission, and those who work for a paycheck. — Ray Dalio
13. Be wary of the arrogant intellectual who comments from the stands without having played on the field. — Ray Dalio
14. Remember that in great partnerships, consideration and generosity are more important than money. — Ray Dalio
15. Everyone has at least one big thing that stands in the way of their success; Find yours and deal with it. — Ray Dalio
16. Success comes from knowing what you don’t know, more than coming from what you do know. — Ray Dalio
17. The people who work for you should constantly challenge you. Don’t hire people just to fit the first job they will do; hire people you want to share your life with. — Ray Dalio
18. Every game has principles that successful players master to achieve winning results. So does life. — Ray Dalio
19. Make your passion and your work one and the same and do it with people you want to be with. — Ray Dalio
20. You must not let your need to be right be more important than your need to find out what’s true. — Ray Dalio
21. Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had. — Ray Dalio
22. It’s more important to do big things well than to do the small things perfectly. — Ray Dalio
23. Almost nothing can stop you from succeeding if you have flexibility and self-accountability. — Ray Dalio
24. What differentiates people who live up to their potential from those who don’t, is a willingness to look at themselves and others objectively. — Ray Dalio
25. 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