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.

Life Principle

Don't let fears of what others think of you stand in your way.

You must be willing to do things in the unique ways you think are best-- and to open-mindedly reflect on the feedback that comes inevitably as a result of being that way.

Learning to be radically transparent is like learning to speak in public: While it's initially awkward, the more you do it, the more comfortable you will be with it. This has been true for me. For example, I still instinctively find being as radically transparent in the ways that I am in this book uncomfortable because I am exposing personal material to the public that will attract attention and criticism. Yet I am doing it because I've learned that it's best, and I wouldn't feel good about myself if I let my fears stand in the way. In other words, I have experienced the positive effects of radical transparency for so long that it's now uncomfortable for me not to be that way.

Besides giving me the freedom to be me, it has allowed me to understand others and for them to understand me, which is much more efficient and much more enjoyable than not having this understanding. Imagine how many fewer misunderstandings we would have and how much more efficient the world would be--and how much closer we all would be to knowing what's true--if instead of hiding what they think, people shared it openly. I'm not talking about everyone's very personal inner secrets; I'm talking about people's opinions of each other and of how the world works. As you'll see, I've learned firsthand how powerful this kind of radical truth and transparency is in improving my decision making and my relationships. So whenever I'm faced with the choice, my instinct is to be transparent. I practice it as a discipline and I recommend you do the same.

Life Principle

Find a Meaningful Principle for You

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

Life Principles

Work Principles

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