Ray Dalio

26 statements across 2 episodes · 8 bullish · 1 bearish · 2 people on the record · first statement Oct 11, 2017 by Ray Dalio · said 10 times in 9 episodes since 2017 · across every show →

On the record as a speaker too: Ray Dalio's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Jeff Hunter (2), Daniel Kahneman (2), Shane Parrish (1), Naval Ravikant (1), Matt Mullenweg (1), Anthony Scilipoti (1), Adam Robinson (1), Aaron Dignan (1)

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2021 1 mention in 1 episode
2020 2 mentions in 1 episode
2019 1 mention in 1 episode
2018 1 mention in 1 episode
2017 2 mentions in 2 episodes 1 per episode

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Everything said about Ray Dalio, oldest first

Oct 11, 2017
Disclosure
Bridgewater records nearly all internal meetings and discussions
“All discussions, meetings are taped and pretty much unless it's an ultra personal matter. We don't do that unless it's something proprietary. We don't do that, but when we're encountering other things most things, we let people see things, and the reason is if…”
Ray Dalio Oct 11, 2017 ▶ 44:23 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Disclosure
Wealth was never Dalio's priority, just a byproduct of good work
“And, you know, for money, for me, money was not very much a priority to begin with. It just happened to be the thing that I do. It produces a lot of money if you do it well.”
Ray Dalio Oct 11, 2017 ▶ 1:05:28 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Prediction Not checkable as stated
External systems will soon know individuals better than their spouses
“Radical transparency is coming at you fast anyway. Because we're now living in a world where the data that you leave about yourself all over the place is meaning that people will, you know, strangers, systems, can now examine you and know you better than peopl…”
Ray Dalio Oct 11, 2017 ▶ 46:35 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Insight
Wealth has virtually no correlation with happiness past basic needs
“There is virtually no correlation between the amount of money one has and one's happiness that's pretty well known past a certain basic The factor that's the highest correlation is whether is relationships, sense of community across societies.”
Ray Dalio Oct 11, 2017 ▶ 1:17:17 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Assertion Not checkable as stated
Dalio punched his boss on New Year's Eve while drunk
“He and I were drunk on New Year's Eve, and yeah, you know, and we had we had this playful, fun challenging relationships, and I decked him, and he then crashed the car when he went home, and his wife chewed him out, and I figured that I was going to lose my jo…”
Ray Dalio Oct 11, 2017 ▶ 1:33 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Disclosure
Dalio requires reasonableness and considerateness in all of his relationships
“The only two things I require in a relationship are people to be reasonable, in other words, able to reason, and to be considerate. And I will give People an enormous amount of that, and I expect an enormous amount of that. And that's in all relationships.”
Ray Dalio Oct 11, 2017 ▶ 54:31 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Disclosure
2017 marks Dalio's transition out of the Bridgewater CEO role
“2017 is my transition year. It's why I wrote the book, and it's why I'm in that process.”
Ray Dalio Oct 11, 2017 ▶ 1:02:04 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Disclosure
Dalio: Bridgewater scores team members to conduct believability-weighted voting
“And we literally have scores of these tests and whatever they are that become the scores. So we have believability weighted voting.”
Ray Dalio Oct 11, 2017 ▶ 23:19 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Insight
Dalio: Best decisions come from consulting three believable experts who disagree
“Go to three highly believable people who are willing to disagree with each other. And hear that disagreement, and interact, and bring out that disagreement, and see where there's agreement, so that you get to the other side, so when you either have agreement, …”
Ray Dalio Oct 11, 2017 ▶ 24:41 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Assertion Supported
Dalio administered personality tests to Bill Gates and Elon Musk
“I've given personality tests to well, I mentioned that in, in the book, Bill Gates, Elon Musk many, many incredible, successful people, and they all have some elements in common, and then they also have differences, and so there's a path to leadership.”
Ray Dalio Oct 11, 2017 ▶ 57:20 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Assertion Not checkable as stated
Dalio: College hires and experienced hires succeed equally at Bridgewater
“The people who come directly from school are tend to be a little bit more arrogant, know a little bit less, and go through a transformation that's pretty much easier. They're more adaptable. So that's why they're prone to like it, but it, but also depending on…”
Ray Dalio Oct 11, 2017 ▶ 34:52 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Assertion Not checkable as stated
Dalio: Adapting to Bridgewater's culture typically takes about 18 months
“So it's a transition. It's probably like a transition of trying to eat healthy and exercise and do those types of things. Typically takes about 18 months.”
Ray Dalio Oct 11, 2017 ▶ 28:54 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Insight
Dalio: In discussions, know if you are student, teacher, or peer
“At the same time, I think it's important for the parties to try to think am I a teacher, student, or peer? Because if I'm speaking with somebody who really knows a lot more about them, something, I want to be asking more questions than I want to be sharing opi…”
Ray Dalio Oct 11, 2017 ▶ 31:16 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Disclosure
Dalio: Bridgewater debates decision criteria rather than individual choices
“Rather than thinking about what our decision is, we spent more time thinking about what our criteria for making the decision is.”
Ray Dalio Oct 11, 2017 ▶ 1:22:48 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Insight
Dalio: Even vast billionaire wealth is tiny relative to societal needs
“And by the way, it's interesting because I thought I, you know, have a lot of money, and I have a lot of money relative to most people. And then you realize through this that you have a tiny bit of money relative to all that needs to be done.”
Ray Dalio Oct 11, 2017 ▶ 1:07:33 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 negative
Insight
Dalio: Neither autocratic nor democratic decision-making works well in organizations
“The problem that most people have at that point is that either there is an autocratic decision maker or a democratic decision maker. Neither of those work well. The autocratic decision maker is just the guy who's the boss who says, okay, well, now I'm going to…”
Ray Dalio Oct 11, 2017 ▶ 22:34 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Insight
Dalio: Pain plus reflection equals progress
“Pain plus reflection equals progress.”
Ray Dalio Oct 11, 2017 ▶ 41:11 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Disclosure
Dalio: Bridgewater's 1982 crash forced him to borrow $4,000 from his father
“I was so broke that I had to borrow 4000 dollars from my dad”
Ray Dalio Oct 11, 2017 ▶ 13:23 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Insight
Dalio: Frank criticism instinctually triggers amygdala fight-or-flight responses
“In which there's a part of our brain, the amygdala, which has this fight or flight thing. And when there's that kind of frankness, and that kind of exploration of one's weaknesses, people can think that they're being attacked instinctually.”
Ray Dalio Oct 11, 2017 ▶ 26:40 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 neutral
Disclosure
Dalio has no attachment to Bridgewater's culture after his departure
“No, no, it's, I would say it's like a family in the next generation, right? It's now up to others to make that choice, to not be attached.”
Ray Dalio Oct 11, 2017 ▶ 1:03:52 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Insight
Balancing audacity with humility and triangulation creates robust decisions
“I went from thinking, you know, I'm right, to asking myself, how do I know I'm right? In other words, how do I triangulate? It gave me the humility I needed To balance with my audacity.”
Ray Dalio Oct 11, 2017 ▶ 13:45 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Opinion
Transcendental Meditation is one of the greatest things in Dalio's life
“One of the most important, greatest things in my life, because it allowed me to have an equanimity.”
Ray Dalio Oct 11, 2017 ▶ 5:50 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 positive
Insight
Dalio: Life has three stages, ending in helping others succeed
“In the second stage of your life you're working, and other people are dependent on you. First stage of your life is when you're learning And you're dependent on others. When you get into, let's say, your twenties, or when that is, and you enter your second sta…”
Ray Dalio Oct 11, 2017 ▶ 1:02:04 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017
Insight
Dalio: Historical market patterns repeat and can be codified into algorithms
“Everything happens over and over again. Right? Everything I, we think of this as, everything's another one of those. So by being able to look at history and make the connections and examine how the mechanics of the cause-effect relationships are, That's what w…”
Ray Dalio Oct 11, 2017 ▶ 3:38 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 11, 2017 bullish
Disclosure
Dalio plans to release Bridgewater's internal management tools publicly
“A lot of these tools I'd like to get out there and make public at some point, I'm figuring out how to do that.”
Ray Dalio Oct 11, 2017 ▶ 43:09 #23 Ray Dalio: Life Lessons from a Self-Made Billionaire
Oct 28, 2025 neutral
Insight
Scilipoti: In Raging Bull Markets, Experience and Knowledge Become Handicaps
“During raging bull markets, knowledge is superfluous, and experience is a handicap. Because if you have the benefit of knowing what happened in all the other blowups, you know how painful it could be. But if you've never experienced it, and every time somethin…”
Anthony Scilipoti Oct 28, 2025 ▶ 26:46 Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
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