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.
Perfect understanding isn’t possible; trying to get to it wastes time and stalls progress. Instead, work toward developing a mutually agreed-upon, by-and-large understanding of what someone is like that has a high level of confidence behind it. When necessary, take the time to enrich this understanding.