I’ve been reading Ray Dalio’s book Principles over the last few days. It talks about Ray’s principles and experiences of building Bridgewater Associates into one of the most successful hedge funds in history. It dissects his life and work principles which is a fascinating read. Rays humility and open mindedness is what makes him interesting. For overachievers I highly recommend picking up his book to get into the deep psyche of someone as extraordinary as Ray and to learn from his wisdom and principles. Both in investing and in life.
It’s simple do the most important tasks first, but more specifically do the thing that will give us the most amount of impact. It’s about the output of high value activities vs. time. And then try to do that everyday and track it.
11 years ago I was sitting on a tram on my way to work and contemplated whether I was good enough to be a designer. Bright eyed but a complete rookie and unfamiliar with the demands of a studio working environment. The stress was too much, the obstacles too high, I wasn’t doing well on the job and I really struggled to find my footing. If only I was good enough I thought to myself, if only things were easier and I could just go on autopilot. How much better would that be if that was the case? I really felt I wasn’t good enough that day and that maybe I should quit and not step foot off that tram. It seemed to be the easier route.