Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
So let's say, for example, you have a kid and you think, okay, now I'm a kid.
And you could just sort of say, okay, now you're parenting.
But whatever it is, you can sort of say, hey, it's happened before.
million times and in that particular circumstances So when you realize everything happens over and over again pretty much for the same kind of reasons Okay, and you understand that and you can almost look at?
Who?
who's been through it before, who knows how it works, how do I best navigate that thing, what are my principles for that, then it's great.
The reason I discovered it accidentally, I discovered this accidentally, is because I got in the habit that I suggest you get into and other people get into, and that is whenever you're in a situation where you're making a decision, important decision, just pause and write down what type of decision was it,
And why did I make that decision that way?
That's writing down your principles.
It's kind of your recipe for success.
And we could talk about it.
And then every time I'm in a situation, I'll write down, why did I make that decision?
And we could look at those criteria.
Did that make sense to do that decision that way?
Would you have different criteria?
And so on.
And you do that over a period of time, okay?
And then you have your principles.
And then, so they're just your reasons for making your decisions and what matters to you, right?
When you do that, so that's why I'm encouraging you because you're going through these and then you have found a path in life.