Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.
RAY DALIOPrinciples are what allow you to live a life consistent with those values. Principles connect your values to your actions.
More Ray Dalio Quotes
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To test if you are worrying too much about looking good, observe how you feel when you find out you’ve made a mistake or don’t know something.
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I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
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Meditation more than anything in my life was the biggest ingredient of whatever success I’ve had.
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It’s more important to do big things well than to do small things perfectly.
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Like the saying goes, don’t believe everything you read.
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When two intelligent parties disagree, that’s when the potential for learning and moving ahead begins.
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There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
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Everyone has to decide for themselves what works for them and their organization.
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Treat your life like a game.
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Remember that experience creates internalization. Doing things repeatedly leads to internalization, which produces a quality of understanding that is generally vastly superior to intellectualized learning.
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Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
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Almost everything is like a machine.
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The main reason I write the daily observations is because I want to know where I’m wrong. So lots of times if somebody points something out it helps me, and I want to have a diversified bet of uncorrelated bets.
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There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes.
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More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively.
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