Ray Dalio’s Post

To be a good #leader consider THIS. #principles #workadvice #leadership

People who do this fail because they are stubbornly stuck in their own heads. If they could just get around this, they could live up to their potential. This is why higher-level thinking is essential for success. #principleoftheday

One of the hardest things for people to do is to objectively look down on themselves within their circumstances (i.e., their machine) so that they can act as the machine's designer and manager. Most people remain stuck in the perspective of being a worker within the machine. If you can recognize the differences between those roles and that it is much more important that you are a good designer/manager of your life than a good worker in it, you will be on the right path. To be successful, the "designer/manager you" has to be objective about what the "worker you" is really like, not believing in him more than he deserves, or putting him in jobs he shouldn't be in. Instead of having this strategic perspective, most people operate emotionally and in the moment; their lives are a series of undirected emotional experiences, going from one thing to the next. If you want to look back on your life and feel you've achieved what you wanted to, you can't operate that way. #principleoftheday

Happy World Book Day! Do some reading today, see what you like. #WorldBookDay #Reading #Books

As Carl Jung put it, "Man needs difficulties. They are necessary for health." Yet most people instinctually avoid pain. This is true whether we are talking about building the body (e.g., weight lifting) or the mind (e.g., frustration, mental struggle, embarrassment, shame)--and especially true when people confront the harsh reality of their own imperfections. #principleoftheday

Happy Earth Day! Don’t ignore #nature, immerse yourself in it today. #principles #earthday2024 #earthday #worldearthday

Today is #EarthDay, when we should take a moment to reflect how important the #earth is in taking care of us and how important it is for us to take care of it. While doing that, please remember that the #ocean is the largest part of the earth and our ecosystem, more than twice the size of all land combined. #principleoftheday #nature #earthday2024 #worldearthday

You have your goals. I call the way you will operate to achieve your goals your machine. It consists of a design (the things that have to get done) and the people (who will do the things that need getting done). Those people include you and those who help you. For example, imagine that your goal is a military one: to take a hill from an enemy. Your design for your "machine" might include two scouts, two snipers, four infantrymen, and so on. While the right design is essential, it is only half the battle. It is equally important to put the right people in each of those positions. They need different qualities to do their jobs well--the scouts must be fast runners, the snipers must be good marksmen--so that the machine will produce the outcomes you seek. #principleoftheday

THIS is why we NEED to protect the #ocean. From my conversation with Jake Tapper on CNN State of the Union. To learn more about ocean exploration, follow OceanX. #climatechange #globalwarming #environment #climateaction #climate

For the most part, life gives you so many decisions to make and so many opportunities to recover from your mistakes that, if you handle them well, you can have a terrific life. Of course, sometimes there are major influences on the quality of our lives that come from things beyond our control—the circumstances we are born into, accidents and illnesses, and so forth—but for the most part even the worst circumstances can be made better with the right approach. My point is simply this: Whatever circumstances life brings you, you will be more likely to succeed and find happiness if you take responsibility for making your decisions well instead of complaining about things being beyond your control. Psychologists call this having an “internal locus of control,” and studies consistently show that people who have it outperform those who don’t. So don’t worry about whether you like your situation or not. Life doesn’t give a damn about what you like. It’s up to you to connect what you want with what you need to do to get it and then find the courage to carry it through. #principleoftheday