Ray Dalio on Learning Quotes

"Radical open-mindedness is the catalyst for creative evolution."

"Think for yourself while being radically open-minded. This is the only way to execute at a high level."

"Find the most believable people who disagree with you and try to understand their reasoning."

"The habit of seeking out the most intelligent people who disagree with you is invaluable."

"Look at the patterns of those mistakes to see if they have a common cause in your execution."

"It is far more common for people to let ego stand in the way of learning."

"Think for yourself to decide 1) what you want, 2) what is true, and 3) what you should do to achieve #1 in light of #2."

"The most important habit you can develop is the habit of reflection after experiencing pain."

"Evolution is the single greatest force in the universe; it is the only thing that is permanent and it drives everything."

"My passion for discovery is what drives me to ask 'What don't I know?' rather than 'What do I know?'"

"History repeats itself because the same cause-effect relationships keep occurring."

"Look at the patterns of those mistakes to see if they have a cause."

"Radical open-mindedness and radical transparency are invaluable for rapid learning and effective change."

"Fail well. Everyone fails; the difference is in how you use that failure to improve your execution."

"It is far better to be a seeker of truth than a possessor of it."

"The biggest mistake most people make is to believe that they or others have the answers."

"If you don’t look back at yourself a year ago and think, ‘Wow, how stupid I was,’ then you haven’t learned much."

"If you're not failing, you're not pushing your limits, and if you're not pushing your limits, you're not maximizing your potential."

"Great partnerships are iterated games where both parties prioritize the relationship over any single transaction."

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

"The key is to fail, learn, and improve quickly."

"Pain plus reflection equals progress."

"Most people are more interested in being right than in finding out what is true."

"Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions."

"I believe that to be a great leader, you have to be willing to be a student first."

"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."

"Create a culture in which it is okay to make mistakes and unacceptable not to learn from them."

"If you worry, you don't have to worry. And if you don't worry, you have to worry."

"Experience creates a library of scripts that you can use to navigate the future."

"A dream with a plan is a goal. A goal without a plan is just a dream."

"Pain is a signal that you’re encountering a reality you haven’t yet learned how to deal with."

"Weaknesses don’t matter if you find solutions."