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Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life. They can be applied again and again in similar situations to help you achieve your goals.
adopting principles without giving them much thought can expose you to the risk of acting in ways inconsistent with your goals and your nature.
first principle: • Think for yourself to decide 1) what you want, 2) what is true, and 3) what you should do to achieve #1 in light of #2 . . .
I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I mean being able to experience painful failures that provide big learnings
One also has to be an independent thinker who correctly bets against the consensus, which means being painfully wrong a fair amount.
believability-weighted
Experience taught me how invaluable it is to reflect on and write down my decision-making criteria whenever I made a decision, so I got in the habit of doing that.
• Systemize your decision making.
The most important thing is that you develop your own principles and ideally write them down, especially if you are working with others.
radical truth and radical transparency.
you
Peace. Abundance. Happiness
true?
I'm Not immortal , the present, god
about
Share. Support other to be better
Over the course of our lives, we make millions and millions of decisions that are essentially bets, some large and some small.
cause-and-effect relationships—at
meaningful work is being on a mission I become engrossed in, and meaningful relationships are those I have with people I care deeply about and who care deeply about me.
write down my thoughts every day so others could understand my logic and help improve it.
Because all markets were being driven by these factors, I immersed myself in macroeconomics and historical data (especially interest rates and currency data) to improve my understanding of the machine at play.
1. Seek out the smartest people who disagreed with me so I could try to understand their reasoning. 2. Know when not to have an opinion. 3. Develop, test, and systemize timeless and universal principles. 4. Balance risks in ways that keep the big upside while reducing the downside.
a meritocracy that encourages thoughtful disagreements and explores and weighs people’s opinions in proportion to their merits.
The most important thing you can do is to gather the lessons these failures provide and gain humility and radical open-mindedness in order to increase your chances of success. Then you press on.
had eaten enough glass to realize that what was most important wasn’t knowing the future—it was knowing how to react appropriately to the information available at each point in time.
I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want. Maturity is the ability to reject good alternatives in order to pursue even better ones.
success. I’ve also learned that judging people before really seeing things through their eyes stands in the way of understanding their circumstances—and that isn’t smart.
I believe that all organizations basically have two types of people: those who work to be part of a mission, and those who work for a paycheck.
Making a handful of good uncorrelated bets that are balanced and leveraged well is the surest way of having a lot of upside without being exposed to unacceptable downside.
If something went badly, you had to put it in the log, characterize its severity, and make clear who was responsible for it. If a mistake happened and you logged it, you were okay. If you didn’t log it, you would be in deep trouble.
How that conflict is managed is the most important driver of our behaviors.
A hero is someone who “found or achieved or [did] something beyond the normal range of achievement,” and who “has given his life to something bigger than himself or other than himself.”
If I can reconcile my emotions with my logic and only act when they are aligned, I make better decisions.
Understanding, accepting, and working with reality is both practical and beautiful.
Una sonadora relist
The pursuit of dreams is what gives life its flavor.
new mantra
Being hyperrealistic will help you choose your dreams wisely and then achieve them.
a. Dreams + Reality + Determination = A Successful Life.
Idealists who are not well grounded in reality create problems, not progress.
Truth—or, more precisely, an accurate understanding of reality—is the essential foundation for any good outcome.
1.3 Be radically open-minded and radically transparent.
Learning is the product of a continuous real-time feedback loop
Look to nature to learn how reality works.
From this perspective, we can see that perfection doesn’t exist; it is a goal that fuels a never-ending process of adaptation.
The pain is the signal! Like switching from not exercising to exercising, developing the habit of embracing the pain and learning from it will “get you to the other side.”
• Identifying, accepting, and learning how to deal with your weaknesses, • Preferring that the people around you be honest with you rather than keep their negative thoughts about you to themselves, and • Being yourself rather than having to pretend to be strong where you are weak.
your ability to adapt and move quickly and efficiently through the process of personal evolution will determine your success and your happiness.
people who choose what they really want, and avoid the temptations and get over the pains that drive them away from what they really want, are much more likely to have successful lives.
life gives you so many decisions to make and so many opportunities to recover from your mistakes
Whatever circumstances life brings you, you will be more likely to succeed and find happiness if you take responsibility for making your decisions well instead of complaining about things being beyond your control.
Life doesn’t give a damn about what you like. It’s up to you to connect what you want with what you need to do to get it and then find the courage to carry it through.
Successful people are those who can go above themselves to see things objectively and manage those things to shape change.
But most people lack the courage to confront their own weaknesses and make the hard choices that this process requires. Ultimately, it comes down to the following five decisions:
