Principles: Life and Work
Most people initially find this process very uncomfortable. While most appreciate it intellectually, they typically are challenged by it emotionally because it requires them to separate themselves from their ego’s attachment to being right and try to see what they have a hard time seeing. A small minority get it and love it from the start, a slight... See more
Ray Dalio • Principles: Life and Work
Utilize the “two-minute rule” to avoid persistent interruptions.
Ray Dalio • Principles: Life and Work
Leverage your communication.
Ray Dalio • Principles: Life and Work
First you have to pick what you are going after—your goals. Your choice of goals will determine your direction. As you move toward them, you will encounter problems. Some of those problems will bring you up against your own weaknesses. How you react to the pain that causes is up to you. If you want to reach your goals, you must be calm and analytic... See more
Ray Dalio • Principles: Life and Work
Never rule out a goal because you think it’s unattainable.
Ray Dalio • Principles: Life and Work
Once you identify a problem, don’t tolerate it.
Ray Dalio • Principles: Life and Work
Great planners who don’t execute their plans go nowhere.
Ray Dalio • Principles: Life and Work
this subject goes deeper than what I’m able to cover here. Duhigg’s core idea is the role of the three-step “habit loop.” The first step is a cue—some “trigger that tells your brain to go into automatic mode and which habit to use,” according to Duhigg. Step two is the routine, “which can be physical or mental or emotional.” Finally, there is a rew... See more
Ray Dalio • Principles: Life and Work
Choose your habits well.
Ray Dalio • Principles: Life and Work
Knowing and acting on the truth is what we call the “big deal” at Bridgewater.