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Larry Holzwarth

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

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  • Victor Butenkohas quoted5 years ago
    Truth, more precisely an accurate understanding of reality, is the essential foundation for producing good outcomes.”
  • NNhas quoted6 years ago
    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
  • NNhas quoted6 years ago
    Principles are ways of successfully dealing with the laws of nature or the laws of life.
  • Anamu Khawajahas quoted6 years ago
    Evolution: To Dalio, the process of adaptation that leads to improvement and the most important driving force in natural and universal law
  • Anamu Khawajahas quoted6 years ago
    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 Khawajahas quoted6 years ago
    A machine does not think, rationalize or moralize, it simply does what it is designed to do without regard for consequences
  • Anamu Khawajahas quoted6 years ago
    recognize that people are “built very differently
  • Anamu Khawajahas quoted6 years ago
    the end justifying the means
  • Anamu Khawajahas quoted6 years ago
    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 Khawajahas quoted6 years ago
    Having earlier explained that morality is largely a concept of perception
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