Know what your people are like and what makes them tick, because your people are your most important resource. Develop a full profile of each person’… - Ray Dalio

Reality, in turn, will send you loud signals about how well your principles are working by rewarding or punishing you, so you will learn to fine- tune them accordingly.

Money is a byproduct of excellence, not a goal. Our overriding objective is excellence and constant improvement at Bridgewater. To be clear, it is not to make lots of money. The natural extension of this is not that you should be happy with little money. On the contrary — you should expect to make a lot. If we operate consistently with this philosophy we should be productive and the company should do well financially.

You could have all the money you’ve ever wanted, a successful career, and be in good physical health, but without loving relationships, you won’t be happy . . . The good life is built with good relationships.