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Quote by Ray Dalio

“More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look at themselves and others objectively”

Quote by Ray Dalio

Book:Principles: Life and Work

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Principles: Life and Work

This book delves into the author's philosophy on life and work, providing a framework for making decisions and achieving success. It covers a range of topics, including ethics, productivity, and personal growth. more

Author

Ray Dalio, born in 1949, is a renowned American businessman, investor, and the founder of Bridgewater Associates, one of the world's largest hedge funds. He is known for his unique investment philosophy and successful corporate management. more

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“I believe that we all get rewarded and punished according to whether we operate in harmony or in conflict with nature's laws, and that all societies will succeed or fail in the degrees that they operate consistently with these laws.”

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“Successful people ask for the criticism of others and consider its merit.”

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“For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won't grow.”

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“For me, the best things in life - meaningful work, meaningful relationships, interesting experiences, good food, sleep, music, ideas, sex, and other basic needs and pleasures - are not, past a certain point, materially improved upon by having a lot of money.”

“School typically doesn't prepare young people for real life - unless their lives are spent following instructions and pleasing others. In my opinion, that's why so many students who succeed in school fail in life.”

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“There is nothing to fear from truth....Being truthful is essential to being an independent thinker and obtaining greater understanding of what is right.”

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“The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless, and harmful to be upset at the problems and choices that come at you (though it’s understandable).”

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