Reflection on Principles

My one line reflection from Ray Dalio’s “Principles” was – “Ray Dalio’s success built on investing since he was 12, building the disciple to reflect on every decision, and approaching every decision with a fear of being wrong (or avoiding over confidence).”

While I love how he built a life around obsessive reflection and truth seeking, I thought his emphasis on making the effort to find something that is fun for you was powerful. He repeatedly talks about how he plans to play the markets till he dies. It is an idea I’ve observed from time to time – when you spend your time doing something that you enjoy, you naturally invest in getting better.

No prodding required.

Directed passion is powerful.*

* I believe in the middle path between “love what you do” and “do what you love.”

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