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

The same standards of behavior apply to everyone.

Whenever there is a dispute, both parties are required to have equal levels of integrity, to be open-minded and assertive, and to be equally considerate. The judges must hold the parties to the same standards and provide feedback consistent with these standards. I have often seen cases in which the feedback wasn't appropriately balanced for various reasons (to hold the stronger performer to a higher standard, to spread the blame). This is a mistake. The person in the wrong needs to receive the strongest message. Not operating this way could lead them to believe that the problem wasn't caused by them, or was caused by both parties equally. Of course, the message should be conveyed calmly and clearly rather than emotionally to maximize its effectiveness.

Work 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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