I think the President of the United States must operate by rules. I think our judicial system must operate by the rules. You have to operate by the rules of the system, and if you don't, if you pull rank, then you lose all your credibility.
Ray DalioIn return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.
Ray DalioI believe that understanding what is good is obtained by looking at the way the world works and figuring out how to operate in harmony with it to help it evolve.
Ray DalioTo test if you are worrying too much about looking good, observe how you feel when you find out you've made a mistake or don't know something.
Ray DalioOver time, it also became important for me to share my management principles with the people I worked with because we had to agree on how we should be with each other - and that way is unique. Because the logic behind being radically honest and radically transparent with each other wasn't clear, it had to be spelled out in these principles.
Ray Dalio