PART 2: Ray Dalio’s Most Fundamental Life Principles You can only make good decisions if you have solid principles based on your values. To be successful, you must make correct, tough choices. Plan what should be done according to 1 and 2.To make sure your principles and your values are aligned, you need to: Every time we face hard choices, we refine our principles by asking ourselves difficult questions.” “Those principles that are most valuable come from our own experiences and our reflections on those experiences. Your principles need to reflect values you really believe in or the cognitive dissonance will overwhelm you. The hypocrite who has claims to be of a religion yet behaves counter to its teachings.
Holding incompatible principles will lead to conflict between values and actions. This exposes you to the risk of inconsistency with your true values. Most people adopt pre-packaged principles from parents, religious institutions, or other influential figures without much thought. Principles like “I do not eat fast food during the week” and “I exercise at least 3 times per week”. It is to your principles that you turn when you face hard choices.”įrom the value “live a healthy lifestyle”, you need to create a set of principles to guide your actions. “Principles connect your values to your actions they are beacons that guide your actions, and help you successfully deal with the laws of reality. Principles are what allow you to live a life consistent with those values. The problem compounds in companies because there is no playbook on how to operate in a way that is consistent with the company’s values. This would prevent you from making the most of your life.”
“Without principles, you would be forced to react to circumstances that come at you without considering what you value most and how to make choices to get what you want. Instead of using your values to make decisions, you should defer to principles. But what does “being healthy” mean in practice? What are the daily decisions you are going to make to be more health-conscious? One of your values can be to “ live a healthy lifestyle”.
0 kommentar(er)
