Principles - Life and Work

Ray Dalio
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray 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.
Yazar:
Ray Dalio
Ray Dalio
Tahmini Okuma Süresi: 16 sa. 46 dk.Sayfa Sayısı: 592Basım Tarihi: Eylül 2017Yayınevi: Simon and Schuster
ISBN: 9781501124020Ülke: United States of AmericaDil: EnglishFormat: Karton kapak

Yorumlar ve İncelemeler

Tümünü Gör
592 syf.
2/10 puan verdi
·
1 saatte okudu
Worst book I have read so far in 2019. Such a disappointment. First 120 pages, Dalio's biography, were boring, written too mechanically compared to other biographies written by professionals such as Walter Isacsson. The remaining parts of the book were awful. Literally awful. Most of the recommendations were extremely evident. And as if it was written by a robot. Or let me put it this way. I felt like I read the Excel manual. Also, there is too much repetition in the book. Can somebody tell Dalio that it is one of the biggest sins. The content shall be MECE (Mutually Exclusive and Collectively Exhaustive). I am really surprised that this book was one of Bill Gate's favorites. Don't waste your time. There is not much wisdom in this book. Too basic, too vague, too wishy washy...
Principles - Life and Work
Principles - Life and WorkRay Dalio · Simon and Schuster · 201746 okunma
Reklam
100 öğeden 1 ile 10 arasındakiler gösteriliyor.