I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.
Ray DalioRead
Successful people ask for the criticism of others and consider its merit.
Interpretation
Successful individuals seek and value constructive feedback from others.
The quote emphasizes the importance of seeking feedback and criticism from others as a way to grow and improve. Successful people understand that external perspectives can provide valuable insights that help them refine their skills, strategies, and overall approach, ultimately leading to greater success.
In practice
During a team meeting, I reminded everyone that, as Ray Dalio says, 'Successful people ask for the criticism of others and consider its merit' to encourage open communication.
I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.
There are two main drivers of asset class returns - inflation and growth.
There is a strong tendency to get used to and accept very bad things that would be shocking if seen with fresh eyes.
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 itβs understandable).
Meditation more than anything in my life was the biggest ingredient of whatever success I've had.
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
My success was not based so much on any great intelligence but on great common sense.
Startup CEOs should not play the odds. When you are building a company, you must believe there is an answer and you cannot pay attention to your odds of finding it. You just have to find it. It matters not whether your chances are nine in ten or one in a thousand; your task is the same.
I am a woman who came from the cotton fields of the South. From there I was promoted to the washtub. From there I was promoted to the cook kitchen. And from there I promoted myself into the business of manufacturing hair goods and preparations.
I was probably born a scorer, but I was made a winner. Whatever works, whatever wins championships, wins games, that's what I do.
Fundamentally, the basis of all modern progress is the efficiency of labor. And the only sure road to restored prosperity is through the thrift and hard work of our people as a whole.
Playing the game is a form of winning the game. In those competitions, we win by being resilient.
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