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.
My painful mistakes shifted me from having a perspective of "I know I'm right" to having one of "How do I know I'm right?" They gave me the humility I needed to balance my audacity. Knowing that I could be painfully wrong and curiosity about why other smart people saw things differently prompted me to look at things through the eyes of others as well as my own. That allowed me to see many more dimensions than if I saw things just through my own eyes. Learning how to weigh people's inputs so that I chose the best ones--in other words, so that I believability weighted my decision making--increased my chances of being right and was thrilling. At the same time, I learned to: