Principles: Life and Work
Radical open-mindedness and radical transparency are invaluable for rapid learning and effective change.
Ray Dalio • Principles: Life and Work
Be radically open-minded and radically transparent.
Ray Dalio • Principles: Life and Work
Plan for the worst-case scenario to make it as good as possible.
Ray Dalio • Principles: Life and Work
most of success comes from doing the mundane and often distasteful stuff, like identifying and dealing with problems and pushing hard over a long time.
Ray Dalio • Principles: Life and Work
Distinguish between you as the designer of your machine and you as a worker with your machine.
Ray Dalio • Principles: Life and Work
Understand your own and others’ mental maps and humility.
Ray Dalio • Principles: Life and Work
Be self-reflective and make sure your people are self-reflective.
Ray Dalio • Principles: Life and Work
Remember “no pain, no gain.”
Ray Dalio • Principles: Life and Work
Never rule out a goal because you think it’s unattainable.
Ray Dalio • Principles: Life and Work
To synthesize well, you must 1) synthesize the situation at hand, 2) synthesize the situation through time, and 3) navigate levels effectively.