Inspired by Ray Dalio, here is a list of the principles that I try my best to live by:
The Top Ten
- “The first principle is that you must not fool yourself — and you are the easiest person to fool.” – Richard Feynman
- “Undertake nothing: at random or without a purpose; for any reason but the common good.” – Marcus Aurelius
- “How can you achieve your 10 year plan in the next 6 months?” - Peter Thiel
- “Whenever you find yourself on the side of the majority, it is time to pause and reflect.” – Mark Twain
- Roughly 80% of the effects come from 20% of the causes. Act and don’t act accordingly. From Vilfredo Pareto.
- “Invert, always invert.” – Carl Jacobi via Charlie Munger.
- Trust your instincts, but protect your downside. From Richard Branson. xref: Nassim Taleb’s Barbell Strategy.
- “Discipline equals freedom.” – Jocko Willink
- Strong views, weakly held. From Bob Sutton via Chris Sacca.
- Lead by example. From the Dalai Lama.
All the Others
- Honor EVERY commitment and promise that you make. Corollary: think carefully before making any.
- Four bodies: physical, mental, emotional, and spiritual. Two is shaky, three is stable, four is optimal. From James Altucher.
- You either grow or regress. Personal development is a Red Queen.
- ”The rabbit runs faster than the fox, because the rabbit is running for his life while the fox is only running for his dinner.” -Richard Dawkins
- Double down on your strengths and delegate your weaknesses.
- Growth requires pain. Always get out of your comfort zone.
- Think long term. Don’t be a donkey. From Derek Sivers.
- Respect yourself AND respect others.
- Seek to simplify. Remove before adding. Occam’s Razor.
- How I spend my days is how I spend my life. I am what I do today. If I don’t do it NOW, I won’t do it ever.
- “People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things.” – Steve Jobs
- Keep it simple and move fast when conceiving strategies and making decisions. From Reid Hoffman via Ben Casnocha. xref: 70% Rule from Taylor Pearson.
- “The best way to predict the future is to create it.” – Peter Diamandis
- “There is no way to happiness, happiness is the way.” – Thich Nhat Hanh
- “Choose not to be harmed and you won’t feel harmed. Don’t feel harmed and you haven’t been.” – Marcus Aurelius
- “If you seek tranquility, do less…” Ask yourself at every moment, “Is this necessary?” – Marcus Aurelius
- “Knowledge has a half-life. The most useful knowledge is a broad-based multidisciplinary education of the basics. These ideas are ones that have lasted, and thus will last, for a long time.” – Charlie Munger
- “To let your desires control you: even wild animals do that—and rutting humans; and tyrants.” – Marcus Aurelius
- “I want you to work for what you want [not for what others want], to come up with independent opinions, to stress-test them, to be wary about being overconfident, and to reflect on the consequences of your decisions and constantly improve.” – Ray Dalio
- Look back at yourself a year ago, you were an idiot and knew nothing. Then why can you think that you are smart now? One year from now, you will beg to differ.
- Aggression by default.
- Extreme Ownership
Last update was 2017-01-16.