Ray Dalio on Success Quotes

"Most people are more emotional than logical, but the innovators are the ones who can bridge that gap."

"Success is the natural byproduct of your daily habits and principles."

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

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

"Listen to people who are articulate and have a track record of success."

"The biggest mistake most people make is to not see themselves and others objectively."

"Great is better than terrible, and terrible is better than mediocre, because terrible at least gives life flavor."

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

"Reality is a beautiful machine."

"The most important thing is that you develop your own principles and ideally write them down."

"If you can change your habits, you can change your life."

"Truth—or, more precisely, an accurate understanding of reality—is the essential foundation for any good outcome."

"I believe that the key to success lies in knowing how to both strive for a lot and fail well."

"The reward for doing it well is that you get to do it more."

"To be a successful entrepreneur, you have to be an independent thinker."

"I believe that the evolution of anything—whether it’s a species, a company, or your own life—is a process of trial and error."

"Pain + Reflection = Progress."

"Success comes from knowing how to handle your ignorance. Execution is about managing what you don't know."

"Passion is the fuel, but principles are the steering wheel. You need both to get where you want to go."

"The quality of your life depends on the quality of your decisions."

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

"The reward for doing the hard work of reflection is that you eventually get the things you want."

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

"The most important quality that differentiates successful people from unsuccessful ones is our capacity to learn and adapt."

"To be effective you must not let your need to be right be more important than your need to find out what's true."

"Success comes from knowing what you don't know, more than from anything you know."

"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."

"Money is a byproduct of excellence, not a goal."

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

"Don't mistake the trappings of success for success itself."

"The economy is like a machine."

"If you can’t successfully do something, it’s because you have a mental model that’s wrong."

"If you don't fail, you're not pushing your limits, and if you're not pushing your limits, you're not maximizing your potential."