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

Distinguish between a failure in which someone broke their "contract" and a failure in which there was no contract to begin with.

If you didn't make an expectation clear, you can't hold people accountable for it not being fulfilled. Don't assume that something was implicitly understood. Common sense isn't actually all that common--be explicit. If responsibilities keep falling between the cracks, consider editing the design of your machine.

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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