Looking for the best and inspirational Ray Dalio quotes?
Ray Dalio is the founder of the hedge fund Bridgewater Associates, which was once the world’s largest hedge fund. He is an American business magnate and investor and also the founder of investment firm Bridgewater Associates.
He was born in Jackson Heights, Queens, in 1949. His father was a jazz musician, and his mother was an office worker. Ray went to school at Long Island’s public schools before attending Ithaca College for graduate school. After he graduated from Ithaca, he worked as a computer engineer for Honeywell Information Systems before founding Bridgewater Associates. In 1982, Dalio founded what’s now known as the world’s largest hedge fund with over $150 billion in assets under management today.
In 2017, he founded The Principles, a 592-page personal manifesto about how success can be achieved.
Check out some of his most inspiring quotes that will motivate you to believe in yourself and take action to attain your goals.
50 Most Inspiring Ray Dalio Quotes
“Every game has principles that successful players master to achieve winning results. So does life.” ― Ray Dalio
“I notice a difference from the moment I meditate. Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.” ― Ray Dalio
“If you can’t successfully do something, don’t think you can tell others how it should be done.” ― Ray Dalio
“Mistakes are the path to progress.” ― Ray Dalio
“When you think that it’s too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful.” ― Ray Dalio
“Idealists who are not well grounded in reality create problems, not progress.” ― Ray Dalio
“Most fundamental work principle: Make your passion and your work one and the same and do it with people you want to be with.” ― Ray Dalio
“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
“Don’t just pay attention to your job; pay attention to how your job will be done if you are no longer around.” ― Ray Dalio
“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.” ― Ray Dalio
“Don’t mistake possibilities for probabilities. Anything is possible. It’s the probabilities that matter. Everything must be weighed in terms of its likelihood and prioritized.Believe it or not, your pain will fade and you will have many other opportunities ahead of you.” ― Ray Dalio
“If you don’t look on yourself and think, ‘Wow how stupid I was a year ago,’ then you must not have learned much in the last year.” ― Ray Dalio
“Listening to uninformed people is worse than having no answers at all.” ― Ray Dalio
“If you don’t own gold, you know neither history nor economics.” ― Ray Dalio
“More than anything else, 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
“You must not let your need to be right be more important than your need to find out what’s true.” ― Ray Dalio
“To make money in the markets, you have to think independently and be humble.” ― Ray Dalio
“If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep money.” ― Ray Dalio
“Remember that weaknesses don’t matter if you find solutions.” ― Ray Dalio
“If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don’t face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.” ― Ray Dalio
“Every time you have pain, it’s in indication that something’s at odds.” ― Ray Dalio
“Success comes from knowing what you don’t know, more than coming from what you do know.” ― Ray Dalio
“For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won’t grow.” ― Ray Dalio
“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.” ― Ray Dalio
“Don’t let the little things divide you when your agreement on the big things should bind you.” ― Ray Dalio
“Experience taught me how invaluable it is to reflect on and write down my decision-making criteria whenever I made a decision, so I got in the habit of doing that.” ― Ray Dalio
“Great people are hard to find so make sure you think about how to keep them.” ― Ray Dalio
“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
“Success is achieved by people who deeply understand reality and know how to use it to get what they want. The converse is also true: idealists who are not well-grounded in reality create problems, not progress.” ― Ray Dalio
“The greatest tragedy of mankind, is people who have opinions that are wrong.” ― Ray Dalio
“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
“Don’t worry about looking good – worry about achieving your goals.” ― Ray Dalio
“If your objective is to be as good, as you can be, then you’re going to want criticism.” ― Ray Dalio
“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
“Choose your habits well. Habit is probably the most powerful tool in your brain’s toolbox.” ― Ray Dalio
“The more you think you know, the more closed-minded you’ll be.” ― Ray Dalio
“The best advice I can give you is to ask yourself what do you want, then ask ‘what is true’ – and then ask yourself ‘what should be done about it.’ I believe that if you do this you will move much faster towards what you want to get out of life than if you don’t!”
“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
“School typically doesn’t prepare young people for real life – unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.” ― Ray Dalio
“I think that the first thing is you should have a strategic asset allocation mix that assumes that you don’t know what the future is going to hold.” ― Ray Dalio
“Above all else, I want you to think for yourself, to decide 1) What you want, 2) What is true and 3) What to do about it.” ― Ray Dalio
“Don’t be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other big, important things. Be an effective imperfectionist.” ― Ray Dalio
“Treat your life like a game.” ― Ray Dalio
“Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor.” ― Ray Dalio
“Every time you confront something painful, you are at a potentially important juncture in your life – you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion.” ― Ray Dalio
“To be ‘good’ something must operate consistently with the laws of reality and contribute to the evolution of the whole; that is what is most rewarded.” ― Ray Dalio
“Not being controlled by an emotion helps to see things at a higher level.” ― Ray Dalio
“The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment.” ― Ray Dalio
“I came to see that people’s greatest weaknesses are the flip sides of their greatest strengths.” ― Ray Dalio
“Life is like a game where you seek to overcome the obstacles that stand in the way of achieving your goals. You get better at this game through practice. The game consists of a series of choices that have consequences. You can’t stop the problems and choices from coming at you, so it’s better to learn how to deal with them.” ― Ray Dalio
