Know what your people are like, and make sure they do their jobs excellently. Ray Dalio excellentlyjobmake Change image and share on social
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 attentioneventhappen Change image and share on social
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 cashflowfuture Change image and share on social
Constantly probe the people who report to you, and encourage them to probe you. Ray Dalio constantlyencouragepeople Change image and share on social
I think so many people are reactive... they see things in a short term way they're right up against it. Ray Dalio peoplereactiveshort Change image and share on social
Nature is a machine. The family is a machine. The life cycle is like a machine. Ray Dalio cyclefamilylife Change image and share on social
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 acceptbadeye Change image and share on social
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 beautifuldebtdeleveraging Change image and share on social
Maintain 'baseball cards' and/or 'believability matrixes' for your people. Imagine if you had baseball cards that showed all the performance stats. 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 baseballbelievabilitycall share on social
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 bigegoface Change image and share on social
