Principles: Life and Work


#1 New York Times Bestseller “Significant…The book is both instructive and surprisingly moving.” —The New York Times 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, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

Amazon.co.uk Price: £20.00 (as of 09/04/2023 11:08 PST- Details)

#1 New York Occasions Bestseller “Vital…The guide is each instructive and surprisingly transferring.” —The New York Occasions Ray Dalio, one of many world’s most profitable traders and entrepreneurs, shares the unconventional ideas that he’s developed, refined, and used over the previous forty years to create distinctive ends in each life and enterprise—and which any individual or group can undertake to assist obtain their targets.In 1975, Ray Dalio based an funding agency, Bridgewater Associates, out of his two-bedroom house in New York Metropolis. Forty years later, Bridgewater has made extra money for its purchasers than some other hedge fund in historical past and grown into the fifth most vital non-public firm in the US, in line with Fortune journal. Dalio himself has been named to Time journal’s checklist of the 100 most influential folks on the earth. Alongside the best way, Dalio found a set of distinctive ideas which have led to Bridgewater’s exceptionally efficient tradition, which he describes as “an thought meritocracy that strives to realize significant work and significant relationships by radical transparency.” It’s these ideas, and never something particular about Dalio—who grew up an unusual child in a middle-class Lengthy Island neighborhood—that he believes are the rationale behind his success. In Rules, Dalio shares what he’s discovered over the course of his exceptional profession. He argues that life, administration, economics, and investing can all be systemized into guidelines and understood like machines. The guide’s tons of of sensible classes, that are constructed round his cornerstones of “radical fact” and “radical transparency,” embrace Dalio laying out the best methods for people and organizations to make selections, strategy challenges, and construct robust groups. He additionally describes the progressive instruments the agency makes use of to convey an thought meritocracy to life, corresponding to creating “baseball playing cards” for all staff that distill their strengths and weaknesses, and using computerized decision-making techniques to make believability-weighted selections. Whereas the guide brims with novel concepts for organizations and establishments, Rules additionally gives a transparent, simple strategy to decision-making that Dalio believes anybody can apply, it doesn’t matter what they’re in search of to realize. Right here, from a person who has been referred to as each “the Steve Jobs of investing” and “the thinker king of the monetary universe” (CIO journal), is a uncommon alternative to achieve confirmed recommendation in contrast to something you’ll discover within the standard enterprise press.

Category:

Based on 0 reviews

0.0 overall
0
0
0
0
0

Be the first to review “Principles: Life and Work”

There are no reviews yet.