Ray Dalio is one of the most prolific investors in the world. Despite being worth 30+ billion dollars he has kept a relatively low profile compared to others of his wealth.
Over the course of his career, he has averaged unbelievable returns, more than doubling the S&P 500. Ray gained a ton of notoriety after being interviewed in Tony Robbins, “Money: Master the Game” book. He currently runs Bridgewater, the largest hedge fund in the world.
Earlier this year he released his own book, “Principles” which has gone on to critical acclaim. In the book, he breaks down the principles of how to become successful, both in life and work.
Use these Ray Dalio quotes to create your own principles of success.
“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
So many people go on to live an average, mediocre life because they never define what they want.
Are you clear on your goals, dreams, and desires? Do you know what you want to accomplish in your lifetime?
Without sitting down and asking yourself these questions it will be easy to spend your entire life working on someone else’s dreams. Start by figuring out what you want and what you hold true.
Identifying what you want to achieve is the fastest way to reaching your goals.
“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
This a powerful quote that shows there is a disconnect from the education system and the real world. If you want to create the most successful version of your life you need to keep working on yourself constantly.
As Warren Buffett said, “The best investment you can make is an investment in yourself.”
“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 Quotes
Being self-aware is so key to reaching your potential. While negative feedback can be hard to hear, often times that constructive criticism is exactly what you need to progress.
If you’re setting goals the right way, they should be so big that they require you to become someone else to achieve them. This will require you to learn new skills, meet new people, and welcome feedback to get better.
“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
There are 67 success principles in Jack Canfield’s best selling book, “The Success Principles.” The first? Take 100% responsibility for your life.
If you place blame on others you will never reach your goals. Once you take 100% responsibility for your life you’re on your way to achieving your goals.
“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 Quotes
If you’re facing a tough decision in life, go with your gut. Trust yourself because 9 out of 10 times you are right. And if you’re not, take responsibility, learn from your experience and move on.
Use these Ray Dalio quotes to achieve massive success in your life and business.