Ray Dalio Tag Archive

Pain + Reflection = Progress

(Extracted from Principles by Ray Dalio) When you experience pain, remember to reflect. You can convert the “pain” of seeing your mistakes and weaknesses into pleasure. If there is only one piece of advice I...

September 8, 2019| Life Read More

Firing employees

(Excerpt from Principles by Ray Dalio) Don’t collect people. Firing people is not a big deal—certainly nowhere near as big a deal as keeping badly performing people, because keeping a person in a job they are not...

September 8, 2019| People Read More

Evaluate employees like job candidates

(Extracted from Principles by Ray Dalio) Evaluate employees with the same rigor as you evaluate job candidates. Ask yourself: “Would I hire this person knowing what I now know about them?” I find it odd and...

September 8, 2019| People Read More

Group size matters

(Extracted from Principles by Ray Dalio) 1+1=3. Two people who collaborate well will be about three times as effective as the two of them operating independently because they will see what the other might miss,...

September 8, 2019| Execution Read More

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