Some Thoughts on Games, from Ray Dalio of Bridgewater Associates

Saw this in two separate places, one from Michael Covel’s interview with SFO magazine.

Covel quotes from Ray Dalio, founder of the largest hedge fund to date, Bridgewater Associates:
“Principles are concepts that can be apple over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well, know how to interact with the world more effectively than those who know fewer of them or know them less well.”

From a today’s blog post from Seth Godin, “Four stages of the game”:

You don’t even realize there’s a game. (And any contest, market, project or engagement is at some level a game).
You start getting involved and it feels like a matter of life or death. Every slight cuts deeply, every win feels permanent. “This is the most important meeting of my life…”

You realize that it’s a game and you play it with strategy. There’s enough remove for you to realize that winning is important but that continuing to play is more important than that. And playing well is most important.
You get bored with the game, because you’ve seen it before. Sometimes people at this stage quit, other times they sabotage their work merely to make the game feel the way it used to.

And then a new, different game begins.

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