"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.
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Creators
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Series
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Publisher
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Release date
September 19, 2017 -
Formats
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OverDrive Read
- ISBN: 9781501124051
- File size: 7605 KB
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EPUB ebook
- ISBN: 9781501124051
- File size: 9369 KB
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Accessibility
Publisher statement (EPUB)
The publisher provides the following statement about the accessibility of the EPUB file supplied to OverDrive. Experiences may vary across reading systems. After borrowing the book, you may download the EPUB files to read in another reading system.
Summary
A complex complexity publication with images and logos, converted to meet EPUB Accessibility specifications of WCAG-AA level. This book contains various accessibility features such as alternative text for images and logos, long descriptions, table of contents, page-list, landmark, reading order, structural navigation, index, and semantic structure. Blank pages from print have been removed in this ebook, with related page number spans set on the first following in-spine page. Certain front and back matter pages have been adjusted in the reading order sequence from print, with related page references reordered in the page-list order.
Ways Of Reading
No information about appearance modifiability is available.
Not all of the content will be readable as read aloud speech or dynamic braille.
Has alternative text descriptions for images.
Conformance
The publication contains a conformance statement that it meets the EPUB Accessibility and WCAG 2 Level AA standard.
This publication claims to meet EPUB Accessibility 1.1 WCAG 2.2 Level AA.
Navigation
Table of contents to all chapters of the text via links.
Index with links to referenced entries.
Elements such as headings, tables, etc for structured navigation.
Rich Content
Information-rich images are described by extended descriptions.
Additional Information
Page breaks included
High contrast between text and background
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Languages
- English
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