Ray Dalio Quotes

Today we'll look at the some of the most prominent quotes by Ray Dalio. He is the founder and chairman of the biggest hedge fund, Bridgewater Associates, currently managing over 160 billion dollars.

He started out as a stock trader and later developed skills to master markets on the global scale. Ray Dalio is revered as the man who figured all a strategy for all seasons, i.e. one that works at all times thanks to diversification and risk exposure.

Here are some of his best quotes on trading and investing:

1. “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”.

2. “Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life. They can be applied again and again in similar situations to help you achieve your goals.”

3. “In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep money.”

4. “To me it all looked like a beautiful machine with logical cause-effect relationships. By understanding these relationships, I could come up with decision rules (or principles) I could model.”

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