Consulting the Archives...
Generating fresh insights specifically for this topic.
This may take a moment.
Generating fresh insights specifically for this topic.
This may take a moment.
For Ray Dalio, the most valuable learning comes from mistakes. He created a culture at Bridgewater where it was okay to make mistakes but unacceptable not to learn from them. He formalized this with his 'Pain + Reflection = Progress' equation. Dalio teaches that most people waste their suffering by avoiding it or blaming others. Instead, he urges us to 'go to the pain'—to analyze our failures objectively while the memory is fresh, extract the lesson, and update our principles. This radical open-mindedness is the engine of rapid learning.
"If you aren't comfortable being wrong, you will never be creative."
"Radical open-mindedness is the catalyst for creative evolution."
"Radical open-mindedness and radical transparency are invaluable for rapid learning and effective change."
"The greatest challenge you will face is having the confidence to be radically open-minded."
"Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions."
"If you don't look back at yourself and think, 'Wow, how stupid I was a year ago,' then you must not have learned much in the last year."
"The biggest mistake most people make is to not see themselves and others objectively."
Seeing how Ray Dalio approaches Learning helps you apply the idea with more precision.
Pick one quote to guide a decision today, then return for deeper perspective.
Search More
Jump to another topic, author, or pillar without leaving the archive.
"Use this collection whenever you need Ray Dalio's lens on Learning."