Cedric Chin

I spent a few weeks reading Ray Dalio's Principles and summarising the contents. This is the end, in which I take a final stab at contextualising the book.

The final chapter of Ray Dalio's Life Principles — which has to do with better decision-making.

Understanding how the human brain works helps with managing yourself, as well as with orchestrating other people.

Your two biggest barriers to achieving your goals: lying to yourself and blind-spots. The cure? Being 'radically open-minded'.

In a nutshell: update your mental models and stay open-minded. The latter being less obvious than the former.

Successful practitioners use 'optimise for usefulness' over 'optimise for truth'. Unintended side effect: this means it's ok to believe in religion, so long as it doesn't harm you.

Ray Dalio's has a 5 step process that reads slightly self-helpy, but like the rest of Principles, was written for the rational man in mind.

Derek Sivers has this wonderful idea called “Over-Compensate to Compensate”. I try applying it software development.

A non-comprehensive summary of the first section of Ray Dalio's Life Principles, which concerns itself with ‘dealing with reality’.

A how-to manual for being effective by Ray Dalio, founder of the most successful hedge fund in the world.