Principles: Life and Work
20 hrs. 34 min.
Description
An autobiographical book by the founder of the well-known company Bridgewater about the principles that guided him in his life and work. Knowing what incredible success this person and his company have achieved, it’s worth paying attention to his point of view.
Ray Dalio was born and raised in a middle-income family on Long Island. At the age of 26, he founded the investment company Bridgewater Associates, with its first office in one of the rooms of his rented apartment. Over the next 42 years, he turned Bridgewater Associates into the fifth most important private company in the United States (according to Fortune). He succeeded by creating a unique corporate culture—implementing meritocracy of ideas based on absolute honesty, maximum transparency, and the principle of decision-making that takes competence into account. Ray Dalio believes that most people and companies can use his principles to achieve their own goals.
Ray Dalio is on Time’s list of the 100 most influential people on the planet and Forbes’s list of the 100 richest people in the world. Ray Dalio believes he achieved success not because he is special, but because his success was the result of applying principles he formulated—often by learning from his mistakes. And these principles can be useful to most people.
Ray Dalio wrote this book at 68 years old. His main goal was to share his principles in the hope that others would find them valuable.
Ray Dalio was born and raised in a middle-income family on Long Island. At the age of 26, he founded the investment company Bridgewater Associates, with its first office in one of the rooms of his rented apartment. Over the next 42 years, he turned Bridgewater Associates into the fifth most important private company in the United States (according to Fortune). He succeeded by creating a unique corporate culture—implementing meritocracy of ideas based on absolute honesty, maximum transparency, and the principle of decision-making that takes competence into account. Ray Dalio believes that most people and companies can use his principles to achieve their own goals.
Ray Dalio is on Time’s list of the 100 most influential people on the planet and Forbes’s list of the 100 richest people in the world. Ray Dalio believes he achieved success not because he is special, but because his success was the result of applying principles he formulated—often by learning from his mistakes. And these principles can be useful to most people.
Ray Dalio wrote this book at 68 years old. His main goal was to share his principles in the hope that others would find them valuable.
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