I urge you to take the time to read this if you want to make sense of your life and the things you struggle with.
What do you struggle with?
- Your weight? The number on the scales?
- Your career, your income, your bank balance, your business?
- Your life choices, balancing family, kids, marriage, career, life? Do you feel empty, or fulfilled, do you constantly question if you are making the right choices in life?
- Relationships? Love?
- Do you think happiness is something that you will feel in the future, when you lose that weight, when people accept you, respect you, love you? Will you be happy when you are rich, secure, retired? When you can quit the job? Will you be happy for 2 weeks out of 52 when you are on holiday?
Take the time.
Recently, I was reading Ray Dalio’s new book, Principles, and these words struck me, and I just have to share them with you. As always, I’m pressed for time, the last thing I have time to do is type up several hundred words that are not even my own words. But sometimes, you just have to do something that feels important.
Of course, I could do this the quick way, and just photograph the relevant couple of pages from the book and share them in this post saying ‘read this’ – but instead I am going to write the words out, because there is no better way for me to learn this and really take it in, than to write it all out for you. When we share words of wisdom or a passage of text, we not only pass on that gift to others, but we get to learn it and experience it all over again for ourselves. That sounds like a win:win to me.
Ray Dalio – Principles
Context: the author is Ray Dalio. Maybe you have never even heard of him, he’s a superstar in the world of finance, but to the rest of us, he’s largely unknown. In short, he’s probably the most famous and most influential person in the world of hedge funds, ever. He predicted things like the subprime financial meltdown in 2008 and no one else believed him. They do now.
He spent 40 years building a hedge fund company that is ranked by Fortune as the fifth most important private company in the US, Forbes magazine rank him as one of the 100 richest people in the world (he’s worth about $17bn), and Time magazine ranked him one of the 100 most influential people on the planet. He started trading stocks aged 12, he was working neighbourhood jobs for money from age 8, he was not born into millions, he started his company from home working alone, went bust after a few years and had to start again, has been ‘down and out’ in business and finances twice, then became a billionaire. He’s married, got four kids, been through some life drama, and gives away millions and millions to good causes. He’s now retirement age (68) and writing his memoirs and all he learned in life, to pass on after his death. This book is the first half of that work. Seems to me he’s a pretty smart guy.
I’m going to share a couple of pages from his book. This is him closing out the first 120 pages of his book, summarising his life story and then the rest of this book goes on to share the lessons he learned along the way.
Take it away, Ray:
“Watching the same things happen again and again, I began to see reality as a gorgeous perpetual motion machine, in which causes become effects that become causes of new effects, and so on. I realized that reality was, if not perfect, at least what we are given to deal with, so that any problems or frustrations I had with it were more productively directed to dealing with them effectively than complaining about them. I came to understand that my encounters were tests of my character and creativity. Over time, I came to appreciate what a tiny and short-lived part of that remarkable system I am, and how it’s both good for me and good for the system for me to know how to interact with it well.
In gaining this perspective, I began to experience painful moments in a radically different way. Instead of feeling frustrated or overwhelmed, I saw pain as nature’s reminder that there is something important for me to learn. Encountering pains and figuring out the lessons they were trying to give me became sort of a game to me. The more I played it, the better I got at it, the less painful those situations became, and the more rewarding the process of reflecting, developing principles, and then getting rewards for using those principles became. I learned to love my struggles, which I suppose is a healthy perspective to have, like learning to love exercising (which I haven’t managed to do yet).
In my early years, I looked up to extraordinarily successful people, thinking that they were successful because they were extraordinary. After I got to know such people personally, I realised that all of them Read more