The term by and large means on the whole; in general. "By and large" is originally a sailing term meaning "alternately close-hauled and not close-hauled." A ship that is sailing "close-hauled" is...
All memos tagged #principles-life-and-work
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8/18/2025
Principles: Life and Work by Ray Dalio provides a chronology of the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life...
7/25/2025
Maturity is the ability to reject good alternatives to pursue even better ones. You can do anything if you stop trying to do anything. Contexts [1] Principles: Life and Work by Ray Dalio,...
8/7/2021
Hyper Realism—the Principle be a hyperrealist. References [1] Principles: Life and Work by Ray Dalio, principles-life-and-work
8/7/2021
Whenever a big-picture “by-and-large” statement is made and someone replies “Not always,” my instinctual reaction is that we are probably about to dive into the weeds—i.e., into a discussion of the...
8/7/2021
