1. Think of yourself as a machine operating within a machine and know that you have the ability to alter your machines to produce better outcomes. 2. By comparing your outcomes with your goals, you can determine how to modify your machine.
Source: Ray Dalio's Book Principles
Source: Ray Dalio's Book Principles
1. Go to the pain rather than avoid it. 2. Embrace tough love. Source: Ray Dalio's Book Principles
1. The individual’s incentives must be aligned with the group’s goals. 2. Reality is optimizing for the whole—not for you. 3. Adaptation through rapid trial and error is invaluable. 4. Realize that you are simultaneously everything and nothing—and decide what you want
1. Maximize your evolution. 2. Remember “no pain, no gain.” 3. It is a fundamental law of nature that in order to gain strength one has to push one’s limits, which is painful. Source: Ray Dalio's Book Principles
1. Don’t get hung up on your views of how things “should” be because you will miss out on learning how they really are. 2. To be “good,” something must operate consistently with the laws of reality and contribute to the evolution
1. Radical open-mindedness and radical transparency are invaluable for rapid learning and effective change. 2. Don’t let fears of what others think of you stand in your way. 3. Embracing radical truth and radical transparency will bring more meaningful work and more
Source: Ray Dalio's Book Principles
Dreams + Reality + Determination = A Successful Life. Source: Ray Dalio's Book Principles