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

Keep in mind that managers usually fail or fall short of their goals for one (or more) of five reasons.

  1. They are too distant.
  2. They have problems perceiving bad quality.
  3. They have lost sight of how bad things have become because they have gotten used to it.
  4. They have such high pride in their work (or such large egos) that they can't bear to admit they are unable to solve their own problems.
  5. They fear adverse consequences from admitting failure.

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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