Black and white portrait of Ray Dalio: Narrator and Creator of Life Principles

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.

Work Principle

Learn how much confidence to have in your people—don't assume it.

No manager should delegate responsibilities to people they don't know well. It takes time to learn about people and how much confidence you can vest in them. Sometimes new people are offended when their managers don't have confidence in how they are carrying out their responsibilities. They think it's a criticism of their abilities when it's simply a matter of the manager being realistic about the fact that he or she hasn't had enough time or direct experience with them to form a point of view.

Work Principle

Find a Meaningful Principle for You

Learn to get more of what you want out of life.

Life Principles

Work Principles

Please review our
Privacy Policy and Terms of Service
, which will go into effect on
. By continuing to use this site or our products or services, you agree to our
Terms of Service and acknowledge that you have read our Privacy Policy.