Principles: Life and Work

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Sinopsis

Condición del ejemplar: Very Good. Ray Dalio, one of the world’s most successful investors and the founder of Bridgewater Associates, has spent decades developing a unique set of principles that guided both his personal life and the creation of one of the largest hedge funds in the world. In this book he shares them for the first time. Dalio begins with the story of his own life, from a middle-class upbringing on Long Island to building Bridgewater from his two-bedroom apartment, including the painful mistake in the early 1980s that nearly destroyed his company and taught him humility. He then lays out his life principles, a practical approach to making decisions, learning from failure and pursuing goals based on embracing reality and dealing with it. The final section explains his work principles, the foundation of Bridgewater’s distinctive culture of radical truth and radical transparency, in which people are encouraged to disagree openly, mistakes are examined honestly and decisions are made through idea meritocracy. Packed with practical lessons and tools, Principles is a guide for anyone who wants to think more clearly, make better decisions and build more effective relationships, teams and organizations.