
Principles: Life and Work

Idea Meritocracy = Radical Truth + Radical Transparency + Believability-Weighted Decision Making.
Ray Dalio • Principles: Life and Work
you had asked me what my objective was when I started out, I would’ve said it was to have fun working with people I like. Work was a game I played with passion and I wanted to have a blast playing it with people I enjoyed and respected.
Ray Dalio • Principles: Life and Work
“Any damn fool can make it complex. It takes a genius to make it simple.”
Ray Dalio • Principles: Life and Work
In case of a disagreement with others, start by seeing if you can agree on the principles that should be used to make that decision.
Ray Dalio • Principles: Life and Work
Carl Jung put it, “Until you make the unconscious conscious, it will direct your life and you will call it fate.”
Ray Dalio • Principles: Life and Work
An above-the-line conversation addresses the main points and a below-the-line conversation focuses on the sub-points.
Ray Dalio • Principles: Life and Work
There are typically just five to ten important factors to consider when making a decision.
Ray Dalio • Principles: Life and Work
Synthesis is the process of converting a lot of data into an accurate picture.
Ray Dalio • Principles: Life and Work
the first pitfall of bad decision making, which is to subconsciously make the decision first and then cherry-pick the data that supports it.