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

If you ask someone a question, they will probably give you an answer, so think through to whom you should address your questions.

I regularly see people ask totally uninformed or nonbelievable people questions and get answers that they believe. This is often worse than having no answers at all. Don't make that mistake. You need to think through who the right people are. If you're in doubt about someone's believability, find out.

The same is true for you: If someone asks you a question, think first whether you're the right person to answer it. If you're not believable, you probably shouldn't have an opinion about what they're asking, let alone share it.

Be sure to direct your comments or questions to the believable Responsible Party or Parties for the issues you want to discuss. Feel free to include others if you think that their input is relevant, while recognizing that the decision will ultimately rest with whoever is responsible for it.

Work Principle

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

Life Principles

Work Principles

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