Principles

Key Insights from "Principles" by Ray Dalio:

1. Principles are fundamental truths that serve as the foundations for behaviour that gets you what you want.
2. Embrace reality and deal with it.
3. Pain + Reflection = Progress.
4. Choose your habits well, they will shape your life in the long run.
5. Decisions should be made through a process of 'believability-weighted decision making'.
6. The two biggest barriers to good decision making are your ego and your blind spots.
7. Transparency within an organization promotes trust and effective decision making.
8. Recognize the importance of thoughtful disagreement.
9. Be radically open-minded.
10. Meritocracy is the key to an...

    Please log in or register to view the full book summary.