Ray Dalio on Confidence Quotes

"Ego makes you want to be right. Radical open-mindedness makes you want to find out what is true. That is true confidence."

"If you don't have the confidence to be radically transparent, you will never have the trust of your team."

"Pain plus reflection equals progress. This formula builds the kind of confidence that can withstand any crisis."

"You shouldn't be confident in your opinion unless you can argue the other side better than the person you disagree with."

"I learned that the best way to be confident is to be radically open-minded and seek out the smartest people who disagree with you."

"The goal is to have the confidence to ask 'How do I know I'm right?' every single day."

"Confidence is not about being sure of the answer; it is about being sure of the process to get the answer."

"When you have a process for learning from your mistakes, you gain the confidence to take bigger risks."

"The more you know, the more you realize you don't know. That realization is the beginning of real confidence."

"The most important thing is to have the confidence to look at your weaknesses and deal with them."

"If you have the confidence to be radically truthful, you will find that life becomes much simpler."

"Confidence is a result of having a clear set of principles that you have tested over time."

"You have to have the confidence to fail in order to eventually succeed."

"The confidence to be your own thinker is essential if you want to beat the market or change the world."

"Building a great culture requires the confidence to be honest with people about their performance."

"Radical transparency creates a level of confidence that the best ideas will always win."

"Don't let your ego stand in the way of your progress. True confidence comes from knowing you have the best process to find the truth."

"I don't care about being right; I care about knowing what is true. That mindset gives me immense confidence."

"Confidence is not about avoiding problems; it is about having the tools to solve them."

"The greatest challenge you will face is having the confidence to be radically open-minded."

"Confidence should come from the fact that you've stress-tested your ideas with the most believable people you can find."

"You must have the confidence to stand by your logic, even when everyone else is following their emotions."

"To be successful, you must have the confidence to bet against the consensus and be right."

"The confidence to admit what you don't know is the most powerful tool for growth."

"If you are not worried, you need to worry. And if you are worried, you don't need to worry. That awareness gives you confidence."

"Being a professional means having the confidence to follow your principles even when they are unpopular."

"Mistakes are the path to learning. Have the confidence to make them and the discipline to learn from them."

"Believability-weighted decision making gives me the confidence to move forward even when I am personally uncertain."

"Radical open-mindedness is the only way to have the confidence that you are seeing the whole picture."

"To be an entrepreneur, you have to have a high degree of confidence that you can figure things out as you go."

"Confidence is built by facing the reality of your situation, no matter how harsh it is."

"Success comes to those who have the confidence to persevere through the 'pain' phase of learning."

"Triangulating with others who are smarter than you is the fastest way to gain confidence in your direction."