Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well know how to interact with the world more effectively than those who know fewer of them or know them less well.
Ray DalioPeople who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.
Ray DalioRadical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.
Ray DalioThough how nature works is way beyond man's ability to comprehend, I have found that observing how nature works offers innumerable lessons that can help us understand the realities that affect us.
Ray DalioI think so many people are reactive... they see things in a short term way they're right up against it.
Ray DalioI do think people need to recognize that a lot of journalists want to write a story a certain way because the story will be better or the portrayal will be better, or at least recognize that whenever you're looking at something, you're seeing it through somebody's eyes who may actually not be the person who is the most insightful.
Ray Dalio