Name: Principles by Ray Dalio | Animated Book Summary | Top Principles
Uploaded: 2018-12-18T09:03:52.000Z
Duration: 5 min 2 s
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The superlative

Ray Dalio is among the world's wealthiest people what are his secrets from his book principles?

Future simple

You'll be able to learn from him and his experience with this book. You will understand that

Organization by having a set of core principles that are always there to keep them on the right path

Sometimes life can be tough and every day you may face some questions coming at you from every direction

That you may feel like you're trapped in a snow storm

When this times come it's impossible to tell which way you're supposed to turn

This is one of the main reasons you'll need guiding principles in your life

Being equipped with such principles means you'll always know exactly where you're headed

And what choices will keep you on that path? No matter the circumstances

Having your own principles will give you fundamental truths that you can apply to any problem. You'll face through your journey

One of the core life principles by Dahlia is that you must embrace reality and deal with it

Dreams plus reality plus determination equals a successful life

Don't be fooled that life won't be messy and frustrating sometimes

This is why you must know that you have to be guided by your rational thinking not by your emotions

This is another core principle. You must know

The things will go wrong from time to time the most important thing in this moment is that you have to know that failure often

Provides ways to take a small break learn your lessons adapt and get back together

This is the way to evolve. This is the moment when you have to do your job and BAM

Remember that in our life. There's always a way to learn and improve

One other thing that's very important to take from this book is that we all need to have an

Ultimate goal in our minds and the best way to conquer this goal is to prioritize and narrow things down

Most people are making the mistake of reaching for too many goals all at once

The best thing that you can do is to choose wisely

By looking for your ultimate goal. If you feel that you don't have such a goal right now. No worries

It's never too late for you to learn some new skills to start a new education or to improve your current skills

If you want to have similar success like Dali, oh you must be radically

You must know that your ego is your barrier and that you must overcome your ego if you want to be open-minded

You must know that you might not know the best way and to deal well with not knowing is more important what you know

The only thing that matters here is achieving your goal and not listening your ego about looking good in front of someone

May be the most important lesson in having a good relationship with work is to have radical truth and transparency at

Bridgewater associates radical truth applies to the executives as well

when a company is considering closing one of its divisions many executives decide to keep things quiet and

Only tell the employees at the last possible minute

Yep, Bridgewater, the senior managers held an employee meeting and were completely candid about the pending sale

Radical transparency is the same as radical truth

this means being open about the kind of behavior and work that management expects from employees and

This small summary. We saw some of the best core principles of Ray Dalio and from his book

we understand that having core principles will help you make decisions at any time in your life when things are doing goods and

You can take his principles or you can create your own principles. This depends on your personal preference

Remember that everyday you have a chance to learn something new

that you have the chance to get better at what you're doing and that you can learn from the mistakes you make

This is the way you'll achieve your ultimate goal and will fulfill your life

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Principles by Ray Dalio | Animated Book Summary | Top Principles

ultimate

tough

prioritize

situation