
Principles: Life and Work

I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I mean being able to experience painful failures that provide big learnings without failing badly enough to get knocked out of the game.
Ray Dalio • Principles: Life and Work
Ray Dalio • Principles: Life and Work
Remember that great expectations create great capabilities. If you limit your goals to what you know you can achieve, you are setting the bar way too low.
Ray Dalio • Principles: Life and Work
Ray Dalio • Principles: Life and Work
Ask yourself: Am I seeing this just through my own eyes? If so, then you should know that you’re terribly handicapped.
Ray Dalio • Principles: Life and Work
Asking others who are strong in areas where you are weak to help you is a great skill that you should develop no matter what, as it will help you develop guardrails that will prevent you from doing what you shouldn’t be doing.
Ray Dalio • Principles: Life and Work
Ray Dalio • Principles: Life and Work
Most people fight seeing what’s true when it’s not what they want it to be. That’s bad, because it is more important to understand and deal with the bad stuff since the good stuff will take care of itself.
Ray Dalio • Principles: Life and Work
react to all the things life throws at us individually, as if we were experiencing each of them for the first time. If instead we classify these situations into types and have good principles for dealing with them, we will make better decisions more quickly and have better lives as a result.