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πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Its not an argument, its an open exploration of what is true
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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You dont always have the best answer. Look beyond yourself
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Conflicts allow you to openly discuss your principles
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Be open in how confident you are in your thoughts
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.prioritise focus on doing the big things well
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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You do your actual job and the job of managing others impressions
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Meaningful work and meaningful relationships
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.conflict every story has another side
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.principles Principle one
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.learning
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
You cant be good at everything
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.openminded radica open mindedness is the ability to explore different points of view without our ego or blinspot barriers getting in the way
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.openminded open minded people know how little they know and ask questions to continuously learn
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.planning Everything costs more and takes longer than you think it will
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Disagreement on the small things is insignificant compared to agreement on the big things
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Describe the other persons perspective to ensure you understand their point of view
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Have open conversations with believable people who disagree with you
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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The purpose of thoughtful disagreement is to find out which view is true
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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View life as a game where you collect gems/principles as you go
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Psychometric testst enable us to know what to expect of people
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
Pain is natures way of reminding us there is something important to learn
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.thoughtful disagreement increases the odds of good decisions
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Seek out others who see things differently and can stress test your ideas
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.openminded we must understand that everyones brain is wired differently
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Cleansing storms can result in a smaller team of higher calibre people
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Decide if you should get more information or make the decision immediately
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
bad times coupled with periods of reflection provide some of the best lessons
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Open minded people know there is a possibility they could be wrong
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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You have four options when you encounter weaknesses .challenges
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.excellence conflict in the pursuit of excellence is a good thing
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.managing develop a full profile of your employees
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.pushlimits if youre not failing youre not pushing your limits
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Being able to deal with what you dont know is great life skill
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Computers are immune to biases or caring about popular opinion
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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When focusing on getting the job done dont let standards slip
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.managing you should not have to get bogged down in the details
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.Prioritisation You cant chase everything
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Close minded people dont want their views challenged
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Be open to taking in information before you make a decision
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Winners change their mind when they learn something new
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
your ability to adapt to personal evolution will determine your success and happiness
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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The purpose of money is to get what you want .money
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.managing regularly ask your employees how everything is going
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Going through a struggle makes you stronger
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Seek out examples of people who got what they wanted
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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dont let standards slowly slip to anunacceptable level
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Everything is just "another one of those"
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.communication how to slow down fast talkers
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.ego our ego and blindspot barrier prevent us from seeing things as they really are
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Be upfront and comfortable about your weaknesses
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Have taste testers to ensure standards remain high
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.managing great managers orchestrate rather than do
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.principles principle five, decision making
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.openminded listen more than you speak
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Principle one - think for yoursef
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.disagreement
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.bedifferent
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
Dont set money as your main goal
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.ideamerioritracy
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Be open minded to your blind spots
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Aim high and fail well
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.ideameritocracy
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.ideameritocracy
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.ideameritocracy
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
Each team member had their skills rated on cards
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.meetings Meetings should have an owner
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.principles principle three
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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we need to push our limits
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
.principles principle four
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.principles principle two
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.principles
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.openminded
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.challenges
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.challenges
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.prioritise
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.challenges
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
Principles are recipies for success
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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Learn from history
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.decisions
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.decisions
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.investing
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
πŸ’­
Habit loop .habits
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.managing
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.learning
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.failure
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.success
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.success
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.towatch
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.hiring
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.values
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.toread
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.pain
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.gtd
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Peter Duffy
πŸ“–
Ray Dalio, Principles: Life and Work (Amazon)
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.ego
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Peter Duffy