Principles
Book description
From Ray Dalio, the legendary investor and #1 New York Times bestselling author of Principles—whose books have sold more than five million copies worldwide—comes a guided reflection journal that empowers readers everywhere to develop their own principles for success in work and life.
“Principles are fundamental truths that serve as…
Why read it?
2 authors picked Principles as one of their favorite books. Why do they recommend it?
In this book, Ray Dalio shares the invaluable knowledge he has gathered throughout his career.
He believes that principles of life, management, economics, and investing can all be systematized and understood like machines. With hundreds of practical lessons that revolve around his principles of "radical truth" and "radical transparency," Dalio highlights the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams.
He also describes the innovative tools that his firm uses to bring idea meritocracy to life, including "baseball cards" for employees that distill their strengths and weaknesses and computerized decision-making systems that…
From Somi's list on preparing you for the digital era.
I am structurally advised to admire a man who spouts almost as many ‘principles’ of his business methods as I do.
He, like the others here, is a person who has created a very successful business (in the financial industry, Bridgewater). So there is some proof that his ideas are worth listening to.
He has a more recent book that I also admire, for its political analysis (but I am only allowed a small quota of suggestions).
He not only shares his wisdom in a great book, but he campaigns, daily on social media for his ideas; typically with one…
From Tom's list on learning successful invention and business methods.
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