Try GOLD - Free
Unconventional Wisdom
Business Today
|March 25, 2017
Fascinating and unheard-of insights to help one achieve personal and professional excellence

IT IS SAID THAT EXPERIENCE is inevitable; but learning is optional. To be able to learn, we have to be very deliberate in pursuing and facing the truth, which is not always easy. When we seek feedback from fair and objective colleagues on our actions, we may receive criticism; but we still need to ask for clear and honest assessment of our behaviour. Since all these tend to cause intellectual and emotional pain, we may choose to avoid such exploration. That’s why learning from experience is easier said than done.
On the other hand, Ray Dalio, founder of the largest hedge fund in the world that manages $160 billion, and author of the book Principles is a person who has failed well. Rather than wallow in his failure, he had chosen to be brutally honest with himself and reflect on his painful experiences which helped him develop valuable life and work principles. In the 500-plus pages of the book, he shares these principles in three parts.
This story is from the March 25, 2017 edition of Business Today.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Today

Business Today India
BREAKING THE SILICON CEILING
INDIA'S FIRST COMMERCIAL FAB IS FINALLY TAKING SHAPE, BUT BUILDING A RESILIENT SEMICONDUCTORS BASE WILL TAKE FAR MORE THAN JUST CAPITAL
10 mins
September 28, 2025

Business Today India
WAITING FOR THE IPO WINDFALL
LIGHTSPEED HAS QUIETLY EVOLVED ALONG WITH INDIA'S START-UP STORY, ARMED WITH A $2.3 BILLION PLAYBOOK. NOW, IT AWAITS THE ULTIMATE PRIZE: A MARKET-DEFINING IPO
7 mins
September 28, 2025

Business Today India
RIGHT ON TARGET
TARGET MATURITY FUNDS ARE A GOOD OPTION FOR PREDICTABLE RETURNS BUT IT'S IMPORTANT TO LOOK AT THE INDEX COMPOSITION AND CREDIT RATINGS OF ENTITIES WHOSE SECURITIES ARE INCLUDED IN THE BENCHMARK
6 mins
September 28, 2025

Business Today India
TO A GOOD TIME
DISCOVER THE CRISP, CITRUSY OR BITTER WORLD OF BEER THROUGH HOMEGROWN BRANDS
3 mins
September 28, 2025

Business Today India
PASSING THE BATON
INDIA'S FAMILY BUSINESSES ARE REWRITING THE RULES OF SUCCESSION—ELEVATING PROFESSIONALS, BUILDING FAMILY OFFICES, AND SEPARATING LEGACY FROM MANAGEMENT
6 mins
September 28, 2025

Business Today India
A RARE SHIFT
AS THE SHORTAGE OF RARE-EARTH MAGNETS TURNS INTO A FULL-BLOWN CRISIS WITH CHINA'S IMPORT RESTRICTIONS, DOMESTIC PLAYERS ARE LOOKING BEYOND TO SUCCEED WITH THEIR EV PLANS
5 mins
September 28, 2025

Business Today India
Put energy where you can be the best
PARTHA BASU | MD, ASHIRVAD BY ALIAXIS
1 mins
September 28, 2025

Business Today India
Thematic Investing: Spotting Structural Themes Before They Become Mainstream
It's a truth well acknowledged in the markets, that extraordinary wealth is created when the investors spot a powerful theme before it captures the imagination of the crowd. To ride such a wave in its infancy, is to participate in returns—so outsized that they defy neat calculation.
2 mins
September 28, 2025

Business Today India
INDIA'S ETHANOL DILEMMA
INDIA ACHIEVED A 20% ETHANOL BLENDING IN PETROL THIS YEAR, FIVE YEARS AHEAD OF SCHEDULE. WHILE IT IS AN IMPORTANT STEP TOWARDS REDUCING CRUDE OIL IMPORTS, AUTO OWNERS ARE COMPLAINING ABOUT REDUCED MILEAGE AND DAMAGED ENGINES. DOES INDIA'S ETHANOL POLICY NEED A TWEAK?
7 mins
September 28, 2025

Business Today India
"GST cut is the manifesto of 1.4 billion Indians"
Finance Minister Nirmala Sitharaman on GST rate cuts, lessons from Covid-19, and more
7 mins
September 28, 2025
Translate
Change font size