15 best insights from the Principles by @RayDalio:
1. School typically doesn’t prepare young people for real-life — unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.
2. If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential.
3. It is far more common for people to allow ego to stand in the way of learning.
4. Choose your habits well. Habit is probably the most powerful tool in your brain’s toolbox.
5. Every time you confront something painful, you are at a potentially important juncture in your life – you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion.
6. Truth more precisely, an accurate understanding of reality is the essential foundation for producing good outcomes.
7. If you can’t successfully do something, don’t think you can tell others how it should be done.
8. The most important thing is that you develop your own principles and ideally write them down, especially if you are working with others.
9. Above all else, I want you to think for yourself, to decide
1) What you want,
2) What is true and
3) What to do about it.
1) What you want,
2) What is true and
3) What to do about it.
10. Don’t worry about looking good – worry about achieving your goals.
11. Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions, as opposed to thinking they have all the answers. Great questions are a much better indicator of future success than great answers.
12. If you don’t look at yourself and think, ‘Wow how stupid I was a year ago,’ then you must not have learned much in the last year.
13. Remember that the only purpose of money is to get you what you want, so think hard about what you value and put it above money.
14. Some people go through life collecting all kinds of observations and opinions like pocket lint, instead of just keeping what they need. They have ‘detail anxiety’, worrying about unimportant things.
15. Pain + Reflection = Progress
I hope the thread was useful to you.
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- Make sure to follow @readerpreneur, I share impactful book insights almost every day. 🚀
- Subscribe to my newsletter for more such content straight to your inbox: 📰
getrevue.co
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