Ray Dalio shares his unconventional principles for work and life. Through these principles, an ordinary child from a middle-class family in New York evolved into one of the most successful people of our time! These principles can be used by anyone to achieve their personal goals.
Bridgewater Associates, which Ray Dalio founded from his apartment in 1975, has evolved over the next forty years into the largest hedge fund in the world and the fifth-largest company in the U.S., according to Fortune, while delivering higher returns for its clients than any other company in the industry in history (Bloomberg).
Along the way, Dalio discovered a set of unique principles that he believes are the reason for his success, which he now shares with us in this book. Although the Principles overflow with new ideas, their core is a clear, straightforward approach to decision-making, including Dalio's innovative process for "weighting credibility," which anyone can apply, regardless of their aspirations.
The book also provides a plan for creating "a meritocracy of ideas that fosters meaningful work and meaningful relationships through radical truth and radical transparency," upon which Bridgewater's success is built.
The book you hold in your hands offers a unique opportunity to gain the proven practical advice of the "Steve Jobs of investing" (according to CIO magazine), which differs from anything else you have read to date.
"A truly remarkable book. Every page is filled with noteworthy principles and insights. I also loved the mastery with which Ray Dalio weaves his personal story into his professional journey." ― Tony Robbins
"I loved this book. It is beautifully written and full of wisdom." ― Arianna Huffington
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