Principles: Life and Work

Principles

Authors: Ray Dalio,Jeremy Bobb

amazon.comamazon.in

Ray Dalio started as a boy from a middle-class family in Long Island and went on to become one of the 100 most influential people of the Time magazine. He believes everything in life, from management to economics, follows principles than can be learned and mastered. In Principles, he teaches you the art of innovation, team-building and effective decision-making.

Video Review of Principles: Life and Work by Ray Dalio,Jeremy Bobb

Quotes from Principles: Life and Work by Ray Dalio

Pushing yourself

If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential.

Unattainable goals appeal to heroes.

I saw that to do exceptionally well you have to push your limits and that, if you push your limits, you will crash and it will hurt a lot. You will think you have failed—but that won’t be true unless you give up.

Appreciate the basics

Having the basics—a good bed to sleep in, good relationships, good food, and good sex—is most important, and those things don’t get much better when you have a lot of money or much worse when you have less. And the people one meets at the top aren’t necessarily more special than those one meets at the bottom or in between.

Source of Advice

Listening to uninformed people is worse than having no answers at all.

Failure & Uncertainty

Imagine that in order to have a great life you have to cross a dangerous jungle. You can stay safe where you are and have an ordinary life, or you can risk crossing the jungle to have a terrific life. How would you approach that choice? Take a moment to think about it because it is the sort of choice that, in one form or another, we all have to make.

Decisions

Time is like a river that carries us forward into encounters with reality that require us to make decisions. We can’t stop our movement down this river and we can’t avoid those encounters. We can only approach them in the best possible way.

High Quality Team

My approach was to hire, train, test, and then fire or promote quickly, so that we could rapidly identify the excellent hires and get rid of the ordinary ones, repeating the process again and again until the percentage of those who were truly great was high enough to meet our needs

Ray Dalio – Author, Billionaire Investor – Principles: Life and Work

You may also like

Resisting Happiness

Resisting Happiness

Authors: Matthew Kelly,

amazon.comamazon.in

Sometimes in life, you experience resistance. You procrastinate, ignore your dreams and choose the easy way out, despite knowing that what you have given up will grant you happiness. These experiences are normal, but that doesn’t make them valid. Matthew Kelly shows you how to navigate through them and open the doors of happiness in your life.

Nudge

Nudge: Improving Decisions About Health, Wealth, and Happiness

Authors: Richard H. Thaler,Cass R. Sunstein

amazon.comamazon.in

From what to eat to how to spend our money, almost every situation in life requires making a choice. In Nudge, the authors use years of research into human behavior to illustrate how these choices are made and how they can be improved. Their findings will change the way you make decisions whether it is for yourself or the entire society.

Relentless

Relentless: From Good to Great to Unstoppable

Authors: Tim S. Grover,

amazon.comamazon.in

To keep going despite the hurdles. To push harder, especially when it gets tough. To fight against all odds. This is what it took to make the likes of Michael Jordan, Kobe Bryant and Dwayne Wade. In Relentless, their trainer, Grover, reveals their secrets, and how you can use them to transform your life.