Saved by sari and
Principles: Life and Work
Before I begin telling you what I think, I want to establish that I’m a “dumb shit” who doesn’t know much relative to what I need to know. Whatever success I’ve had in life has had more to do with my knowing how to deal with my not knowing than anything I know. The most important thing I learned is an approach to life based on principles that helps... See more
Ray Dalio • Principles: Life and Work
The principles you choose can be anything you want them to be as long as they are authentic—i.e., as long as they reflect your true character and values.
Ray Dalio • Principles: Life and Work
Work is either 1) a job you do to earn the money to pay for the life you want to have or 2) what you do to achieve your mission, or some mix of the two. I urge you to make it as much 2) as possible, recognizing the value of 1). If you do that, most everything will go better than if you don’t.
Ray Dalio • Principles: Life and Work
Be self-reflective and make sure your people are self-reflective.
Ray Dalio • Principles: Life and Work
1. Don’t confuse what you wish were true with what is really true. 2. Don’t worry about looking good—worry instead about achieving your goals. 3. Don’t overweight first-order consequences relative to second- and third-order ones. 4. Don’t let pain stand in the way of progress. 5. Don’t blame bad outcomes on anyone but yourself.