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Principles: Life and Work

  • Article 6319975 ISBN 9781501124020
  • Ray Dalio
  • Hardback
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View Large Image

Principles: Life and Work

  • Article 6319975 ISBN 9781501124020
  • Ray Dalio
  • Hardback

$54.99

In Principles, Ray 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.

Currently In Store Only

Description
  • Description
  • Delivery & Returns
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 ot... her 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 neighbourhood-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.
  • Format: Hardback
  • Publication Date: 12/12/2017
  • Publisher: Simon & Schuster
  • Illustrations: 2-c thru-out; linen case w- half jacket; 2-c endpapers;
  • Country of Origin: United States
  • Pages: 592
  • Dimensions (mm): 229x152x41mm
  • Weight: 826g
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  • Format:Hardback
  • Publication Date: 12/12/2017
  • Author:Ray Dalio

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