This document summarizes a seminar presentation on principal stresses and strains. It defines principal stresses as planes that experience only normal stresses and no shear stress. It then provides equations to calculate normal and shear stresses on oblique planes for members subjected to various loading conditions, including direct stress in one direction, direct stresses in two perpendicular directions, simple shear stress, and combinations of these. It derives equations to determine the position of principal planes and maximum shear stress. Examples are given for special cases where some stresses or shear terms are zero.