Ray Dalio Quotes

The test of truth in life is not whether we can remember what we learned in school, but whether we are prepared for change.

What they teach you in school doesn't prepare you for life. Textbooks don't compare to living in the real world. Rock and roll teaches you how to live.

School was more than academics; an education prepared you for the humdrum of real life: working with others, tempering one's personality to assimilate with the group but without losing your individual identity, understading the factors of logic, reasoning, and debate. For a person - vampire or human - to succeed in the world, unlocking the mysteries of the universe was insufficient. One would also need to grasp the mysteries of human nature.

In the real world, very smart people fail and mediocre people rise. Part of what makes people fail or succeed are skills that have nothing to do with IQ. Also, the idea that intelligence can be gauged by an IQ test is erroneous.

I try to take every conflict, every experience, and learn from it

The list of qualities (an investor should have) include patience, self-reliance, common sense, a tolerance for pain, open-mindedness, detachment, persistence, humility, flexibility, a willingness to do independent research, an equal willingness to admit mistakes, and the ability to ignore general panic.

Not to sound bad, but some girls are dumb. It's because they spend so much of their life trying to have the right look. On the other hand, some girls are just really smart. There are girls you can have conversations with that are healthy conversations. You can argue real life issues and solve problems together. That is what makes a woman sexy.

Perspective is everything when you are experiencing the challenges of life.

Keep in mind that no matter how perfectly you get your life in order, you will never be rid of all your problems. Problems are a way of life, always have been, always will be. But how you elect to view those problems is all up to you.

You cannot tailor-make the situations in life but you can tailor-make the attitudes to fit those situations.

If you could choose one characteristic that would get you through life, choose a sense of humor.

I've learned in most areas of my life, to bounce heated choices off other people. Co-workers, my agent, my wife, a sponsor, etc. A majority of the time, that keeps me on the right side of things.

Never let your persistence and passion turn into stubbornness and ignorance.

Two things I'm trying to work on are openness and flexibility.

I just don't think that a lot of the time the messages we send kids prepare them for real life.

Life is tough, but it's tougher if you're stupid.

We should all feel confident in our intelligence. By the way, intelligence to me isn't just being book-smart or having a college degree; it's trusting your gut instincts, being intuitive, thinking outside the box, and sometimes just realizing that things need to change and being smart enough to change it.

It takes intellectual stamina to stay open, as a leader and a mind, to absorb information and adversity.

I have learned to feel my way through life, personally and professionally.

Education must not simply teach work - it must teach Life.

I must have a God-given talent, which is the ability to multitask, plus I have great retention. I'm not the smartest guy, but I know how to do what I know how to do. I can handle things, and I don't have a lot of highs and lows. Sure, I might do some things for drama, but I'm not really upset. If you get hit across the head, you must move on.

It comes with experience and learning and knowing the game. It's not necessarily about sticking your chest out and saying, 'I'm tough.'

I think, as an outsider, you are ready to deal with whatever comes your way.

No matter what twists and turns your life offers you, your ability to be adaptable and flexible will help you to stay open to all of the hidden gifts that difficulty may offer.

I'm very confident with who I am and how I lead, and I'm a problem solver and like to keep myself on my toes.