Radical open-mindedness and radical transparency are invaluable for rapid learning and effective change.
Investors
Ray Dalio
Born in New York in 1949, Ray Dalio founded Bridgewater Associates, one of the largest hedge funds. His debt-cycle theory, risk-parity strategy, and bestselling Principles reshaped institutional investing and leadership.
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Ray Dalio's Other Quotes
Pain plus reflection equals progress.
He who lives by the crystal ball will eat shattered glass.
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.
The biggest mistake investors make is to believe that what happened in the recent past is likely to persist.
Related Quotes
It is hard to retain what you learn unless you practice it.
-- Seneca
Failure is simply the opportunity to begin again, this time more intelligently.
-- Henry Ford
Your most unhappy customers are your greatest source of learning.
-- Bill Gates
Success is a lousy teacher. It seduces smart people into thinking they can't lose.
-- Bill Gates
It's fine to celebrate success, but it is more important to heed the lessons of failure.
-- Bill Gates
Do not tolerate brilliant jerks. The cost to teamwork is too high.
-- Reed Hastings