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Larry Holzwarth

Quicklet on Ray Dalio's Principles (CliffNotes-like Summary)

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  • Victor Butenkocompartió una citahace 5 años
    Truth, more precisely an accurate understanding of reality, is the essential foundation for producing good outcomes.”
  • NNcompartió una citahace 5 años
    It seems to me that, in relation to nature, man has the intelligence of a mold growing on an apple–man can’t even make a mosquito, let alone scratch the surface of understanding the univers
  • NNcompartió una citahace 5 años
    Principles are ways of successfully dealing with the laws of nature or the laws of life.
  • Anamu Khawajacompartió una citahace 5 años
    Evolution: To Dalio, the process of adaptation that leads to improvement and the most important driving force in natural and universal law
  • Anamu Khawajacompartió una citahace 5 años
    Natural Law: The natural process of improvement, as expressed in nature through evolution. Dalio: “In fact, it appears to me that everything other than evolution eventually disintegrates and that we all are, and everything else is, vehicles for evolution
  • Anamu Khawajacompartió una citahace 5 años
    A machine does not think, rationalize or moralize, it simply does what it is designed to do without regard for consequences
  • Anamu Khawajacompartió una citahace 5 años
    recognize that people are “built very differently
  • Anamu Khawajacompartió una citahace 5 años
    the end justifying the means
  • Anamu Khawajacompartió una citahace 5 años
    He couches the results of applying his principles using the terms of good and bad. Good is anything which leads to the accomplishment of the goal, bad any result which does not
  • Anamu Khawajacompartió una citahace 5 años
    Having earlier explained that morality is largely a concept of perception
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