Principles Life And Work Summary

Principles holds the set of rules for work and life billionaire investor and ceo of the most successful fund in history ray dalio has acquired through his 40 year career in finance.
Principles life and work summary. In our complete principles summary we ve distilled and organized these principles into an easy to digest format presented in 2 parts. Life work principles became a 1 new york times bestseller for very specific reasons ray dalio was raised in a middle class family in long island ny and later became one of the 100 wealthiest people in the world according to forbes he found bridgewater associates out of his two bedroom apartment and grew it to become the. Great managers are not philosophers entertainers doers or artists. Overall his principles are strong but they are recycled ideas.
After forty years bridgewater has made more money for its clients than any other hedge fund in history. 4 minutes favorite quote from the author. As with all of life s decisions what you do with them is ultimately up to you. Life work by ray dalio ray dalio is the founder of bridgewater associates an investment firm he created in 1975 out of his two bedroom apartment in new york city.
For any group or organization to function well its work principles must be aligned with its members life principles. My only hope for you is that you have the courage to struggle and evolve well to make your life as great as it can be. For example one of his life principles is use the 5 step process to get what you want out of life about having clear goals recognizing your real problems and finding solutions to overcome the problems and achieve your goals. They can be applied again and again in similar situations to help you achieve your goals.
Do get a copy of our full 18 page summary for more details or get the full mojo from the principles book. More work principles a great manager is essentially an organizational engineer. This is a summary of ray dalio s bestseller principles.