Ray Dalio: "Principles: Life and Work" - free pdf download
For years, Ray Dalio has lived the spirit of radical transparency, offering his philosophy of life and work to all in the form of a free PDF on his website. After all, would not the world be a better place if everyone just stripped down to the skin metaphorically! Especially when you are a billionaire many times over and don't need the money?
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. Aside from the first biographical section, Dalio eschews fluffy anecdotes and hits you with succinct rules and tactics for life and work. How many times have you read a nonfiction book, only to ignore its teachings and leave your weaknesses intact?
Dalio has long been an object of fascination. His new book is more significant than the original list of principles: It is part memoir, part how-to guide. It is a deeply personal story, with Mr. Dalio wading into how he started his firm in , internal conflicts inside the company, and strife early on in his career. The book is both instructive and surprisingly moving.
Absolutely phenomenal. One of the best and most concise guides to creating an order and direction for your life, from the most successful hedge fund manager in the world. See what they value, what principles got them where they are. The important questions about Principles to Dalio:What are principles? Why are principles important?
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Ray Dalio: "Principles: Life and Work" - Talks at Google
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.
Principles are ways of successfully dealing with reality to get what you want out of life. Coaching to develop your own principles and have easy access to all the principles. I created this animated series to share them with you. Watch the full TED talk. It is these principles, and not anything special about Dalio, that he believes are the reason behind whatever success he has had.