His first and most important principles are to determine what you want and have the courage to get there. Principles for Dealing with the Changing World Order by Ray Dalio. In addition, on his principles website, Dalio also has a YouTube mini-series for those of us with a short attention span! I’m here to unpack some of the principles I thought to be extremely effective from the 2005 New York Times Best-Seller “Principles For Success.” This book is actually a condensed version of “Principles: Life & Work” in an easy-to-read comic-like format to ensure accessibility to readers of all ages, and many reviews have honed in on the fact that in this case, a picture really was worth 1000 words. WIth over 500 principles, Dalio is a knowledgeable man who is willing to share what has allowed him to reach success.
He explains this as “an idea of meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency”.ĭalio has authored numerous books such as “Principles for Dealing With The Changing World Order”, “Principles For Success,” “Summary of Work: Life and Principles” and “Principles of Navigating Big Debt Crisis” to name just a few. Since Dalio’s inception of Bridgewater in 1975, it has grown into the 5th most important private company in the USA according to Fortune Magazine.ĭalio also discovered a set of unique principles that really contributed to and elevated how effective Bridgewater’s culture was.
He’s popularised many key investment practices and has an extremely extensive and impressive educational background (being a Harvard Business School alum in the 70’s), but also started the world’s largest fund at the time – Bridgewater. He has gained notoriety for multiple reasons. Ray Dalio is an American billionaire and one of the most famous investors and hedge fund managers in the world.
0 kommentar(er)
