Principles: Principles for Life and Work

Original link: https://www.dev.scarsu.com/principles_life_and_work/

## Introduction

– Book title: “Principles”
– Formerly known as: Principles: Life and Work
– Author: Ray Dalio
– Publication date: 2018-1
– ISBN: 9787508684031
– Douban link: https://ift.tt/OedVf4r
– Douban score: 8.3 ⭐
– [Official animation explanation (all 8 episodes) – 哔哩哔哩](https://b23.tv/z9qJvyj)

![Cover](https://ift.tt/ODBEIMc)

## Must be an independent thinker
– You must think for yourself what the truth is, and you must summarize your principles based on your own values
– decide what to do
– have the courage to do it
– Decision quality determines quality of life
– Reflect on mistakes and form principles.

## Embrace reality, deal with reality
– Truth is the fundamental basis for good results
– Dream + reality + determination = successful life
– Everyone must choose goals based on their own values ​​and choose the path to achieve them
– Pain + reflection = progress (Once you feel pain, it is a signal to remind you to reflect on progress
– Experience pain, reflect, solve problems to achieve success, and sum up experience and principles to deal with the future

## Five-step process
– Know your goals
– Coping with problems that prevent you from achieving your goals, identifying problems, intolerating problems
– Diagnose the problem, get to the root of the problem, distinguish between “symptoms and disease roots”
– Plan a plan to completely solve the problem
– Practicing, pushing yourself to do what needs to be done

## Everything is a Machine: Principles of How Things Work
– Look at each person, the earth universe, life, investment in the same way as a machine
– Most things happen over and over in more or less the same way, some in easily identifiable short-term cycles (such as sunrise and sunset), and some may not happen once in a person’s lifetime, or in very long cycles One time (such as the cycle of raising children in a once-in-a-hundred-year earthquake and typhoon)
– Instead of seeing everything as a one-off event, see it as a recurrence of a similar situation
– Find the cycle and way things happen repeatedly, see the causal relationship behind it, summarize the principles, and express them in the form of language and algorithms to help make better decisions in the future.

## The two biggest obstacles
– self conscious
– The area of ​​the brain that prevents you from objectively acknowledging your own shortcomings. We don’t like to look at our own mistakes and shortcomings. We believe our own opinions without proper testing. We instinctively view discussions about our weaknesses and mistakes as Get angry at your own attacks. This results in us not receiving objective feedback and making poor decisions
– Thinking blind spots
– People think they can find out everything, but in fact no one can fully see the reality, and people can’t understand what they can’t see.
– Everyone has a different vocal range, eyesight, color perception, and taste. Our ability to perceive and understand things is also different. Some people are used to linear thinking, while others are used to divergent thinking; some are reliable but not creative, and some Humans are creative but unreliable.
– If you only do things according to your own nature, you will ignore your weaknesses and you will fail.

## How to solve the above two problems: Be extremely open-minded
– Not to be complacent about “proving yourself right”, but to be happy about “getting the truth”
– Work with different thinkers: identify the top thinkers who disagree with me, don’t care about their conclusions, see things from their perspective, and ask them to see things from mine so that together we can Clarify the problem and discover the truth.
– Transform “fear of wrong conclusions” into “motivation to pursue the truth”.

## fight hard
– Facing reality, acknowledging your mistakes and flaws, and being with people who are stronger than you in different ways are the most effective ways to make good decisions.
– Targets are just bait, and fighting for that bait over and over again forces us to evolve. Personal evolution in collaboration with others is the reward of hard work.

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