Explore the most impactful and insightful quotes and sayings by Ray Dalio, and enrich your perspective with the wisdom. Share these inspiring Ray Dalio quotes pictures with your friends on social media platforms such as Facebook, Twitter, or your personal blogs, completely free. Here are the top 98 Ray Dalio quotes for you to read and share.

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Everyone has to decide for themselves what works for them and their organization. -- Ray Dalio
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Nature gave us pain as a messaging device to tell us that we are approaching, or that we have exceeded, our limits in some way. -- Ray Dalio
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Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don't know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don't. -- Ray Dalio
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I believe that one of the best ways of getting at truth is reflecting with others who have opposing views and who share your interest in finding the truth rather than being proven right -- Ray Dalio
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Since the only way you are going to find solutions to painful problems is by thinking deeply about them - i.e., reflecting - if you can develop a knee-jerk reaction to pain that is to reflect rather than to fight or flee, it will lead to your rapid learning/evolving. -- Ray Dalio
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The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless, and harmful to be upset at the problems and choices that come at you (though it's understandable). -- Ray Dalio
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Know what your people are like, and make sure they do their jobs excellently. -- Ray Dalio
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I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships. -- Ray Dalio
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There is nothing to fear from truth ... Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right. -- Ray Dalio
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I worry about another leg down in the economies causing social disruption because deleveragings can be very painful - it depends on how they're managed. -- Ray Dalio
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It is a law of nature that you must do difficult things to gain strength and power. As with working out, after a while you make the connection between doing difficult things and the benefits you get from doing them, and you come to look forward to doing these difficult things. -- Ray Dalio
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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. -- Ray Dalio
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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
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For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other basic needs and pleasures - are not, past a certain point, materially improved upon by having a lot of money. -- Ray Dalio
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In the end, what matters most is that the people you work with share your values, so I've wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater. -- Ray Dalio
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Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they're the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better. -- Ray Dalio
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A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic. -- Ray Dalio
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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
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To test if you are worrying too much about looking good, observe how you feel when you find out you've made a mistake or don't know something. -- Ray Dalio
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Nature is a machine. The family is a machine. The life cycle is like a machine. -- Ray Dalio
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You'll see that excuses like "That's not easy" are of no value and that it pays to "push through it" at a pace you can handle. Like getting physically fit, the most important thing is that you keep moving forward at whatever pace you choose, recognizing the consequences of your actions. -- Ray Dalio
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So how does the machine work that you have a financial crisis? How does deleveraging work - what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business? -- Ray Dalio
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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
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Credit is a promise to deliver money. It will produce GDP but you'll create credit ... So you reach a certain point that that you can't do that anymore ... There are choices. And how do we best support, apportion the money? How much is going to be transferred? -- Ray Dalio
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If inflation-adjusted interest rates decline in a given country, its currency is likely to decline. -- Ray Dalio
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When there is pain, the animal instinct is 'fight or flight' (i.e., to either strike back or run away) - reflect instead. When you can calm yourself down, thinking about the dilemma that is causing you pain will bring you to a higher level and enlighten you, leading to progress. -- Ray Dalio
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There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes. -- Ray Dalio
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I believe that understanding what is good is obtained by looking at the way the world works and figuring out how to operate in harmony with it to help it evolve. -- Ray Dalio
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There is giant untapped potential in disagreement, especially if the disagreement is between two or more thoughtful people -- Ray Dalio
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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! -- Ray Dalio
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In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted. -- Ray Dalio
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I believe that for the most part, achieving success - whatever that is for you - is mostly a matter of personal choice and that, initially, making the right choices can be difficult. -- Ray Dalio
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I'm going to give away a lot more than half my money. I'd be happy to give that to the government if the government put together programs that were like I'm giving away to charity, in which I believe the money is effectively used to help people. -- Ray Dalio
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There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes. -- Ray Dalio
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What I'm trying to say is that for the average investor, what I would encourage them to do is to understand that there's inflation and growth. It can go higher and lower and to have four different portfolios essentially that make up your entire portfolio that gets you balanced. -- Ray Dalio
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Successful people ask for the criticism of others and consider its merit. -- Ray Dalio
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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
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What matters most is that the people you work with share your values. -- Ray Dalio
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In China anything less than 6% growth is a recession meaning that it also causes financial problems and it's disruptive and it's a problem. -- Ray Dalio
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I believe that dreamers who simply imagine things that would be nice but are not possible don't sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them. -- Ray Dalio
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He who lives by the crystal ball will eat shattered glass. -- Ray Dalio
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When two intelligent parties disagree, that's when the potential for learning and moving ahead begins. -- Ray Dalio
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Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams. -- Ray Dalio
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The more you think you know, the more closed-minded you'll be. -- Ray Dalio
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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. -- Ray Dalio
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The big question is: When will the term structure of interest rates change? That's the question to be worried about. -- Ray Dalio
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I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one's strengths and weaknesses are. -- Ray Dalio
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Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in. -- Ray Dalio
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By and large, life will give you what you deserve and it doesn't give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things. -- Ray Dalio
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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
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The world is still in deleveraging. -- Ray Dalio
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I think so many people are reactive ... they see things in a short term way they're right up against it. -- Ray Dalio
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Don't worry about looking good - worry about achieving your goals. -- Ray Dalio
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Constantly probe the people who report to you, and encourage them to probe you. -- Ray Dalio
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People who acquire things beyond their usefulness not only will derive little or no marginal gains from these acquisitions, but they also will experience negative consequences, as with any form of gluttony. -- Ray Dalio
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There are two main drivers of asset class returns - inflation and growth. -- Ray Dalio
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Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling. -- Ray Dalio
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An economy is not a complicated thing; it just has a lot of moving parts. -- Ray Dalio
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People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices. -- Ray Dalio
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Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions. -- Ray Dalio
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Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity. -- Ray Dalio
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I notice a difference from the moment I meditate. -- Ray Dalio
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Watch out for people who think it's embarrassing not to know. -- Ray Dalio
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I think meditation has been the single biggest reason for whatever success Ive had -- Ray Dalio
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted. -- Ray Dalio
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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. -- Ray Dalio
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There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging. -- Ray Dalio
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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. -- Ray Dalio
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I could see that making judgments about people so that they are tried and sentenced in your head, without asking them for their perspective, is both unethical and unproductive. So I learned to love real integrity and to despise the lack of it. -- Ray Dalio
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Meditation more than anything in my life was the biggest ingredient of whatever success I've had. -- Ray Dalio
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When growth is slower-than-expected, stocks go down. When inflation is higher-than-expected, bonds go down. When inflation is lower-than-expected, bonds go up. -- Ray Dalio
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Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods. -- Ray Dalio
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Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning. -- Ray Dalio
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The main reason I write the daily observations is because I want to know where I'm wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets. -- Ray Dalio
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Be wary of the arrogant intellectual who comments from the stands without having played on the field. -- Ray Dalio
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To make money in the markets, you have to think independently and be humble. -- Ray Dalio
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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. -- Ray Dalio
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Pull in your belt, spend less, and reduce debt. -- Ray Dalio
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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. -- Ray Dalio
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I don't get caught up in the moment. -- Ray Dalio
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I have found that by looking at what is rewarded and punished, and why, universally - i.e., in nature as well as in humanity - I have been able to learn more about what is "good" and "bad" than by listening to most people's views about good and bad. -- Ray Dalio
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Almost everything is like a machine. -- Ray Dalio
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Meditation, more than any other factor, has been the reason for what success I've had. -- Ray Dalio
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People who worry about looking good typically hide what they don't know and hide their weaknesses, so they never learn how to properly deal with them and these weaknesses remain impediments in the future. -- Ray Dalio
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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. -- Ray Dalio
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Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors. -- Ray Dalio
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To be successful, we need everyone to think independently and work through disagreement to decide what's best. -- Ray Dalio
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If you don't own Gold, you know neither history nor economics. -- Ray Dalio
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When you're centered, your emotions are not hijacking you. -- Ray Dalio
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There are far more good answers "out there" than there are in you. -- Ray Dalio
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Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way. -- Ray Dalio
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Treat your life like a game. -- Ray Dalio
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I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature's laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws. -- Ray Dalio
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I also believe that everyone needs to think independently and make their own decisions on what makes the most sense. -- Ray Dalio
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The economy is like a machine. -- Ray Dalio
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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
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I pay about a third in taxes, I give away about a third, and I follow the law. -- Ray Dalio
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I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day. -- Ray Dalio