Principles are ways of successfully dealing with reality to get what you want out of life.
Ray Dalio, one of the world’s most successful investors and entrepreneurs, cites principles as his key to success.
In 1975, Ray Dalio founded Bridgewater Associates, out of his two-bedroom apartment in New York City. Over forty years later, Bridgewater has grown into the largest hedge fund in the world and the fifth most important private company in the United States (according to Fortune magazine), and Dalio himself has been named to TIME’s list of the 100 most influential people in the world. Along the way Dalio discovered unique principles that have led to his and Bridgewater’s unique success. It is these principles, and not anything special about Dalio, that he believes are the reason behind whatever success he has had. He is now at a stage in his life that he wants to pass these principles along to others for them to judge for themselves and to do whatever they want with them.
Work Principle
If you're not worried, you need to worry—and if you're worried, you don't need to worry.
That's because worrying about what can go wrong will protect you and not worrying about what will go wrong will leave you exposed.
RECENT USER EXCHANGES
I'm confused, do you mean when you’re happy, you should be sad and when you’re sad, you should be happy?
I’m sorry for the confusion. I’m saying that my principle (you don’t have to follow it) is to worry about the unacceptably bad scenario and do the things to take it off the table so you don’t have to worry about it. For example, by being well stocked with what you need in case you will need to be isolated if stores run out of needed items as insurance against the unacceptable seems like a good idea. See what happened in China, what is happening in Northern Italy and what is germinating one the Seattle area, imagine that it can happen to you and be prepared for it. The main thing I’m trying to convey is that I hope that you will worry enough about the virus to do the things that will keep you safe.
Don't you think this adds to the ignorant chaos surrounding this virus as no one needs to worry and instead just be smart, conscious and respect life?
I’m sorry for the confusion. I’m saying that my principle (you don’t have to follow it) is to worry about the unacceptably bad scenario and do the things to take it off the table so you don’t have to worry about it. For example, by being well stocked with what you need in case you will need to be isolated if stores run out of needed items as insurance against the unacceptable seems like a good idea. See what happened in China, what is happening in Northern Italy and what is germinating one the Seattle area, imagine that it can happen to you and be prepared for it. The main thing I’m trying to convey is that I hope that you will worry enough about the virus to do the things that will keep you safe.
At first I didn't understand this, but now I do.
I’m sorry for the confusion. I’m saying that my principle (you don’t have to follow it) is to worry about the unacceptably bad scenario and do the things to take it off the table so you don’t have to worry about it. For example, by being well stocked with what you need in case you will need to be isolated if stores run out of needed items as insurance against the unacceptable seems like a good idea. See what happened in China, what is happening in Northern Italy and what is germinating one the Seattle area, imagine that it can happen to you and be prepared for it. The main thing I’m trying to convey is that I hope that you will worry enough about the virus to do the things that will keep you safe.
Do you believe this paradoxical thinking is how you want to approach the Coronavirus problem?
I’m sorry for the confusion. I’m saying that my principle (you don’t have to follow it) is to worry about the unacceptably bad scenario and do the things to take it off the table so you don’t have to worry about it. For example, by being well stocked with what you need in case you will need to be isolated if stores run out of needed items as insurance against the unacceptable seems like a good idea. See what happened in China, what is happening in Northern Italy and what is germinating one the Seattle area, imagine that it can happen to you and be prepared for it. The main thing I’m trying to convey is that I hope that you will worry enough about the virus to do the things that will keep you safe.
Do you agree that this is a counterproductive statement?
I’m sorry for the confusion. I’m saying that my principle (you don’t have to follow it) is to worry about the unacceptably bad scenario and do the things to take it off the table so you don’t have to worry about it. For example by being well stocked with what you need in case you will need to be isolated if stores run out of needed items as insurance against the unacceptable seems like a good idea. See what happened in China, what is happening in Northern Italy and what is germinating in the Seattle area, imagine that it can happen to you and be prepared for it.
So people who worry and who don't should just switch roles and then what happens?
I’m sorry for the confusion. I’m saying that my principle (you don’t have to follow it) is to worry about the unacceptably bad scenario and do the things to take it off the table so you don’t have to worry about it. For example, by being well stocked with what you need in case you will need to be isolated if stores run out of needed items as insurance against the unacceptable seems like a good idea. See what happened in China, what is happening in Northern Italy and what is germinating one the Seattle area, imagine that it can happen to you and be prepared for it. The main thing I’m trying to convey is that I hope that you will worry enough about the virus to do the things that will keep you safe.
Work Principle
- Perceive and Don't Tolerate Problems
If you're not worried, you need to worry—and if you're worried, you don't need to worry.
Any person or organization can adopt Principles to better achieve their goals.
Learn what Principles are and how they are applied at Principles.com
