Declare Out Of Books Principles: Life and Work

Title	:	Principles: Life and Work
Author	:	Ray Dalio
Book Format	:	Audio CD
Book Edition	:	Deluxe Edition
Pages	:	Pages: 592 pages
Published	:	September 19th 2017 by Simon Schuster Audio (first published 2011)
Categories	:	Business. Nonfiction. Self Help. Leadership. Economics. Finance. Personal Development

Principles: Life and Work Audio CD | Pages: 592 pages

Explanation To Books Principles: Life and Work

Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

Details Books During Principles: Life and Work

Original Title:	Principles: Life and Work
ISBN:	1508243247 (ISBN13: 9781508243243)
Edition Language:	English

Rating Out Of Books Principles: Life and Work

Ratings: 4.17 From 24055 Users | 1710 Reviews

Crit Out Of Books Principles: Life and Work

I would give this book 7 out of 5 stars. In other words, this book is to business books what Tesla is to cars.

TL:DR: You can just watch my summary here: Ray Dalio has an amazing story, and this book explains many principles that he uses every day. This book contains his biography and his hedge fund cornerstone rules, you have to read it!

I like Ray, but this book made me cringe. I won't leave my full review (it has many not-so-nice words). But I'll say this, Ray talks about "meritocracy" and "radical whatever" a thousand times in the book. He obviously talks about his principles. What he wants you to know is this:Meritocracy + (Your) Principles + Radical transparency = SUCCESSWhat he doesn't account for, and what most successful people don't account for, is luck. Always, the real formula is:(Whatever a successful person says) +

IMPORTANCE OF PRINCIPLES! "The most important thing i learned is an approach to life based on principles that helps me find out whats true and what to do about it." "Principles are fundamental truths that serve as the foundations for behaviour that gets you what you want out of life. They can be applied again and again in similar situations to help you achieve your goals." 1) What do you want? 2) What is true? 3) What should you do to achieve what you want in light of what is true? "Having a

Amazing book, must read for anyone who has to make decisions in life - that means everyone - but I think the more impact your decisions have the more useful his frameworks are. I'm giving it 5 stars for the big ideas and uniqueness of them - though I will warn you that the book is very long and highly repetitive - there is probably a way to read only parts of it and still get all the big ideas. Also (as I do for most books these days) I read it with a combo of Kindle ebook and Audible, and Ray

Read a summary & save yourself the time. The level of codification of principles in this book is impossible to retain, let alone put into practice. The same ideas get repeated over & over again. A few helpful nuggets here & there, but overall not worth the effort to go through the entire book.

Award Winning BookThe Most Boring Book Ever Read AwardRay Dalio came across as a flake. Ray was at the right place, at the right time, and made a lot of money. Not sure why everyone that has money thinks we need to hear from them. 12 hours of my life that I will never get back. Skip the book and wait for the movie.Thanks Ray :-|