Principles for Dealing with the Changing World Order

By Ray Dalio,

Book cover of Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail

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NEW YORK TIMES BESTSELLER

“A provocative read...There are few tomes that coherently map such broad economic histories as well as Mr. Dalio’s. Perhaps more unusually, Mr. Dalio has managed to identify metrics from that history that can be applied to understand today.” —Andrew Ross Sorkin, The New York Times

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Why read it?

1 author picked Principles for Dealing with the Changing World Order as one of their favorite books. Why do they recommend it?

Successful real estate investment and development is in part the result of understanding an economic context and taking the long view. Toward those ends, there’s no better jumping-off point than Ray Dalio's historical review of the economic “Big Cycle” that has determined the success and failure of nations and economic systems over the past several centuries. And by the way, Ray knows what he’s talking about: his Bridgewater Associates is the world’s largest hedge fund.

From William's list on real estate and wealth-building.

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