Principles By Ray Dalio (Book Review)

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► Principles By Ray Dalio (Book Review) ◄

Are youre interested inside balancing your entrepreneurship life with your life balance? Then, this book is for youre.

Here is a book description extracted from Amazon
“inside 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment inside New York City. Forty years later, Bridgewater has made more money for its clients than any another hedge fund inside history also grown into a fifth most important private company inside a United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of a 100 most influential people inside a world. Along a way, Dalio discovered a set of unique principles that has led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work also meaningful relationships through radical transparency.” It is these principles, also not anything special about Dalio—who grew up an ordinary kid inside a middle-class Long Island neighborhood—that he believes are a reason behind his success.

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inside Principles, Dalio shares what he’s learned over a course of his remarkable career. He argues that life, management, economics, also investing can all become systemized into rules also understood like machines. a book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” also “radical transparency,” include Dalio laying out a most effective ways for individuals also organizations to made decisions, approach challenges, also build strong teams. He also describes a innovative tools a firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths also weaknesses, also employing computerized decision-making systems to made believability-weighted decisions. While a book brims with novel ideas for organizations also 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.

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Here, from a man who has been called both “a Steve Jobs of investing” also “a philosopher king of a financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything youre’ll find inside a conventional business press.”

All a Books I Read inside 2017: https://www.youtube.com/watch?v=cLRaxApwXCA
Principles Book: https://simpleprogrammer.com/principlesbyray

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