Life is filled with setbacks. How you react to those difficulties will ultimately determine your outcomes. The overarching principle in life as revealed by the author is to think for yourself: It begins with finding out:
(i) what do you want?
(ii) what’s the truth?
(iii) what you should do?
Ray Dalio discusses these 5 broad life principles:
1.Embrace reality & deal with it:
2. Use the 5-Step Process to Get What You Want Out of Life:
a) Have Clear Goals :
b) Identify and Don’t Tolerate Problems:
c) Design a plan:
d) Execute to completion:
3. Be Radically Open-Minded:
4. Understand how people are wired differently:
5. Learn How to Make Decisions Effectively:
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