Principles: Life and Work
a. Don’t get hung up on your views of how things “should” be because you will miss out on learning how they really are.
Ray Dalio • Principles: Life and Work
Believability Weight Your Decision Making
Ray Dalio • Principles: Life and Work
nature optimizes for the whole, not for the individual, but most people judge good and bad based only on how it affects them.
Ray Dalio • Principles: Life and Work
The world's not out to get you, it just doesn't give a shit about you.
But when it comes to assessing a candidate’s common sense, vision, creativity, or decision-making abilities, school records are of limited value. Since those traits are the most important, you must look beyond school to ascertain whether an applicant has them.
Ray Dalio • Principles: Life and Work
yourself and others that there can’t be any misunderstandings. The more open-minded you are, the less likely you are to deceive yourself—and the more likely it is that others will give you honest feedback. If they are “believable” people (and it’s very important to know who is “believable”16), you will learn a lot from them.
Ray Dalio • Principles: Life and Work
People will often subconsciously gravitate toward activities they like rather than what’s required.
Ray Dalio • Principles: Life and Work
We value people most who have what I call the three C’s: character, common sense, and creativity.
Ray Dalio • Principles: Life and Work
4.5 Great collaboration feels like playing jazz. In jazz, there’s no script: You have to figure things out as you go along. Sometimes you need to sit back and let others drive things; other times, you blare it out yourself.
Ray Dalio • Principles: Life and Work
Juggling work and family has been as much a challenge to me as to anyone else, especially since I wanted both to be great, so I combined them whenever I could.