Ray Dalio Quotes

Nature is a machine. The family is a machine. The life cycle is like a machine.

We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments.

I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous.

I don't think there is such a thing as the perfect system.

I think the industry can probably self-correct without regulation, but I don't believe an individual outlet can regulate itself.

When people get at each other's throat, the rich and the poor and the Left and the Right and so on, and you have a basic breakdown, that becomes very threatening.

I pay about a third in taxes, I give away about a third, and I follow the law.

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

I think it is in the nature of individuals and individual entities not to self-correct.

Some people have subject matter expertise in one thing. Some people tend to be creative but not reliable, and others are reliable but not creative. Everybody has different dimensions.

I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.

I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which they and I cherish.

I notice a difference from the moment I meditate.

It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.

There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.

I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.

Though how nature works is way beyond man's ability to comprehend, I have found that observing how nature works offers innumerable lessons that can help us understand the realities that affect us.

Like the saying goes, don't believe everything you read.

Life is like a giant smorgasbord of more delicious alternatives than you can ever hope to taste. So you have to reject having some things you want in order to get other things you want more.

Constantly probe the people who report to you, and encourage them to probe you.

I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I could figure out what that was, I could learn how to be more effective.

I think so many people are reactive... they see things in a short term way they're right up against it.

I was about twenty and the Beatles were meditating and I heard about it and they had a center in New York and I came to the center and I learned about it.

If it didn't happen in your life before, then you're not paying attention you don't think it's possible. But almost all important events never happen in your life before.

The economy is like a machine.

The world is still in deleveraging.

I'm scared of people with power making the decision.

You have to put yourself in my shoes as a person who believes in radical truth and in being radically transparent, not in seeing things through somebody else's eyes.

We don't have ways of resolving the arguments in idea meritocratic way.

I think the media argues all the time with itself.

Some people seek to understand, and some people seek to portray what they want to portray.

Each person assesses each other person's credibility on different dimensions, because people are strong and weak in different things.

I think the basic problem is that everybody thinks they know what the truth is, and sometimes they're even distorting the truth to make their arguments.

The media has the power to create an entrenched perception of reality that's incorrect.

That's what I mean by radical truth. I mean accepting reality.

Forget about what the technology is. Just understand the motivation behind it.

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.