Category: Ray Dalio

Ray Dalio on His Powerful Principles: Part 2

This article is Part 2 of “Ray Dalio on His Powerful Principles.” Part 1 is available here.

Ray Dalio’s Principles: Life and Work (public library) is an impressive book full of insights and concepts applicable to both life and work. It is divided into three parts. The first two, which I commented on in the first part of this series, deal with his background and the principles he uses in life. “Part III: Work Principles” introduces the principles he has developed to manage his firm, Bridgewater Associates.

In case you have not had a chance to read the book, here are some of the highlights on the topic of work that resonated strongly in this part of his book.

Read more

Ray Dalio on His Powerful Principles: Part 1

I just finished reading Ray Dalio’s book Principles: Life and Work, which was released in September 2017. Ray Dalio is the founder of Bridgewater Associates, the world’s largest hedge fund, and his book was highly anticipated due to the scale of his renown and success. His work is about the principles he developed to guide him both personally and professionally. Dalio has chosen to share these principles so others can benefit from the wisdom and experiences he and his company have accumulated over the years.

Despite his unusual approaches, Dalio’s book carries tremendous wisdom and practical insight. I highly recommend reading Principles: Life and Work because his principles apply to everybody who has goals, and his ideas provide an extremely valuable way of looking at the world. In case you haven’t had a chance to read it, here are some of the points that I found most impactful in “Part I: Where I am Coming From” and “Part II: Life Principles.” I will continue next week with my analysis of “Part III: Work Principles.”

 

 

Read more