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

A believability-weighted idea meritocracy is the best system for making effective decisions.

I believe an idea meritocracy-i.e., a system that brings together smart, independent thinkers and has them productively disagree to come up with the best possible collective thinking and resolve their disagreements in a believability-weighted way-will outperform any other decision-making system.

To have an idea meritocracy:

  1. Put your honest thoughts on the table
  2. Have thoughtful disagreement
  3. Abide by agreed-upon ways of getting past disagreement

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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