Download Principles : Life and Work PDF
2017
Title | Principles : Life and Work |
---|---|
Authors | Ray Dalio |
Genres | Management Techniques Management Decision Making Organizational Theory & Behaviour Advice On Careers Advice On Careers & Achieving Success Management: Leadership & Motivation Management & Management Techniques Business Innovation |
Publisher | Simon and Schuster |
ISBN | 9781501124020 |
#1 New York Times Bestseller“Significant...The book is both instructive and surprisingly moving.” —The New York TimesRay 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.
More Books You May Like
Dear Ijeawele, or A Feminist Manifesto in Fifteen Suggestions
NATIONAL BESTSELLER • The award-winning author of We Should All Be Feminists and Americanah gives us this powerful sta...
The Extraordinary Deaths of Mrs. Kip
Aidyn Kelley is talented, ambitious, and ready for a more serious assignment than the fluff pieces she's been getting as...
Idiot by Laura Clery
From YouTube star and Facebook Video sensation Laura Clery comes a collection of comedic essays in the vein of We Are Ne...
The Doors of Perception and Heaven and Hell
Among the most profound and influential explorations of mind-expanding psychadelic drugs ever written, here are two com...
Structure and Interpretation of Computer Programs
Structure and Interpretation of Computer Programs has had a dramatic impact on computer science curricula over the past ...