summaries

Principles: Life and Work

mendi926QuotesQuotes: 10
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I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want. Maturity is the ability to reject good alternatives in order to pursue even better ones.Ray Dalio
Pain + Reflection = Progress.Ray Dalio
Truth - more precisely, an accurate understanding of reality - is the essential foundation for producing good outcomes.Ray Dalio
Risks are not to be feared, but understood and properly managed.Ray Dalio
The second order consequences of anything are often the exact opposite of the first-order consequences.Ray Dalio
Let reality be the arbiter of truth.Ray Dalio
The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and then ask yourself 'what should be done about it'. I believe that if you do this you will move much faster towards what you want to get out of life.Ray Dalio
I believe that understanding what is good is obtained by looking at the way the world works and figuring out how to operate in harmony with it to help it evolve.Ray Dalio
If you're not failing, you're not pushing your limits, and if you're not pushing your limits, you're not maximizing your potential.Ray Dalio
While there is always the risk of making mistakes, there is an even bigger risk in not making a decision.Ray Dalio