Ray Dalio Quotes

In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm a boss, it would be terrible if I then said, "Okay, we're gonna go do this." That's why, after that thoughtful disagreement, there has to be a process of an idea meritocracy. That means okay, now you have to vote, not that the decision resides with power. And then you vote and move beyond it.

While your past can inform you and your future can inspire you, the moment of choice exists in the here and now.

Sometimes hard decisions have to be made, and sometimes wonderful decisions have to be made. You've got to be willing to make them all.

Principle says it's not who put forth an idea. It's not the position of the person who put forth an idea; it's not the longevity of the person or the party of the person. That's not what it is at all. In a power system, that's the way it works. But in a principle system, it's what it says.

Disagreement on issues doesn't mean 'dissension.' All it means is that honest men can differ in their approach. You lay out your positions, and president makes a decision.

Put your choices in perspective.

The way I feel about rehearsals is that the best idea wins.

One of the things I realised as I learned to manage a rehearsal room is that the best idea always has to win, and it doesn't matter where the idea comes from.

Prejudice is of ready application in the emergency; it previously engages the mind in a steady course of wisdom and virtue, and does not leave the man hesitating in the moment of decision, skeptical, puzzled and unresolved. Prejudice renders a man's virtue his habit; and not a series of unconnected acts. Through past prejudice, his duty becomes part of his nature.

My biggest past mistakes have been when I made decisions out of ego rather than spirit. When I acted too quickly. When I wasn't contemplative or reflective or prayerful enough, and I ended up making what I would only later see to be unwise decisions.

I guess I'm interested in people and society and what we do collectively in the realm of decisions that shape our world. You know, at least on a human level.

In fact, I think [Donald Trump] welcomes the fact that he's got people in the room that may not agree with each other on everything, but he prefers to be presented opinions that are varying at the same time and then making an informed decision based on everyone's input before making decisions.

I am deeply activated by a sense of history, and have been since I was a tiny child. Really feeling that these were the times, we were the people, this was the most critical time in human history. Other people thought their times were the pinnacle and this is it. This is where we really, together, make a decision of whether to evolve or perish.

If we are not happy with where our past decisions have led us, then the place to start is with our current thinking process.

There is no name for all who participate in group decision-making or the organization which they form. I propose to call this organization the Technostructure.

I will not give you counsel, saying do this, or do that. For not in doing or contriving, nor in choosing between this course and another, can I avail; but only in knowing what was and is, and in part also what shall be.

I will not propose to you that my way is best. The decision is up to you. If you find some point which may be suitable to you, then you can carry out experiments for yourself. If you find that it is of no use, then you can discard it.

...mediocre people find their way into positions of authority...because when it comes to even the most important positions, our selection decisions are a good deal less rational than we think.

The past is dead. Tomorrow will become whatever decision you make it. ~ Acheron.

No man who has not sat in the assemblies of men can know the light, odd and uncertain ways in which decisions are often arrived at.

I'm a good listener. I think it's the one characteristic that's most important. I've always been that way. Not that I take all the advice, but you've got to listen to it and have the courage to make your own decision. Then I just go for it.

The decisions of our past are the architects of our present.

Nothing we do can change the past, but everything we do changes the future.

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.

There must be no majority decisions, but only responsible persons, and the word 'council' must be restored to its original meaning. Surely every man will have advisers by his side, but the decision will be made by one man.