(PDF) Principles Life And Work by Ray Dalio | Evellina Caroselie - frikilife.comSearch this site. The book is both instructive and surprisingly moving. 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. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. Blei: Teil C — Lieferung 1. Blockchain 2. Controlling ohne Controller?
Principles of Success in Life, Business, and Relationships by Ray Dalio
Principles: Life and Work
But your principles must be authentic , meaning they should reflect your real character and values. And then you should live by them and walk the talk. Ray Dalio says that the success he had is because of the principles he followed, and not because of anything unique about him. So anyone else following these principles can achieve the same level of success. There are three level principles: Higher level principles are chapters; mid-level principles are designated by numbers and sub-level principles are designated by letters. Please note I will not always write all sub-level principles. However, for a complete understanding of Principles, I invite you to get the book.
Ray Dalio is founder of Bridgewater Associates, the largest hedge fund in the world. Principles is a master class in rational thinking. The main theme is that finding truth is the best way to make decisions , and that ego, emotion, and blind spots prevent you from discovering the truth. Dalio shares his major strategies to circumvent these weaknesses, including radical open-mindedness, thoughtful disagreement, radical transparency, and believability-weighted decision making. Unlike most nonfiction books, Principles is quite lean and high level.
One of billionaire Ray Dalio's key success principles is having a "radical open-mindedness" to new ideas. Reading books is an easy, and enjoyable, way to expand your mind. Dalio calls this a "fabulous book" and says it's "really up there" on his list of most influential reads. Dalio calls this book by Pulitzer Prize-winning historians Will and Ariel Durant "fantastic" for its concise but broad-sweeping look at themes throughout history. This brief but powerful book on evolution is one of Dalio's favorites. Man is , years old.