This book has 12 recommendations
Bill Gates (CEO/Microsoft)Ray Dalio has provided me with invaluable guidance and insights that are now available to you in Principles.
Arianna Huffington (Co-Founder/The Washington Post)I absolutely loved this book. It’s beautifully written and filled with such wisdom.
Michael Bloomberg (Founder/Bloomberg LP)Ray Dalio’s market acumen is legendary, but it was creating and living by a set of principles that allowed him to reach the top. Everyone with goals and dreams can learn from Ray’s approach.
Reed Hastings (Founder/Netflix)Principles had a profound positive impact on my leadership style—through living more honestly.
Derek Sivers (Founder/CD Baby)Wow. So dense with wisdom that I wanted to highlight almost every paragraph.
Jack Dorsey (CEO/Twitter)So many to pick from in this amazing book. I’m focused on radical truth and radical transparency. Toughest and most uncomfortable to do, both personally and through work, but also the most freeing and impactful. I’ve committed to weekly progress.
Henry Medine (Co-Founder/Space Jam Data)I promote range and diversity. Thus, I recommend readers to expose themselves to as many different topics as possible. I usually have 2-4 books I refer back to at any given time. They range in topics from management, art, spirituality and philosophy. Trying to get the engineering thing going but don't much of a mind for science.
Marvin Liao (Partner/500 Startups)I tend to jump from book to book and may switch if I am interested in some new topic. This is a pleasure for me (which I also do benefit work wise from too). It’s quite a random list because I have eclectic interests (or just scatterbrained most likely) on tech business, AI, general global economy, geopolitics, rising Biotech economy & history. I'm basically 15% to 50% into all these books.
Antonio Eram (Founder & CEO/NETOPIA mobilPay)This book was recommended by Antonio when asked for titles he would recommend to young people interested in his career path.
Cory Zue (Software Developer & Entrepreneur)I’ve been on a bit of a “finding meaning in life” kick lately and Ray’s self/inward focus of coming up with your own principles you want to live by is an interesting mental exercise to go through. I also find that I agree with most of what he says.
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.
See more books recommended by: Bill Gates, Arianna Huffington, Michael Bloomberg, Reed Hastings, Tim Ferriss, Tony Robbins, Derek Sivers, Jack Dorsey, Henry Medine, Marvin Liao, Antonio Eram, Cory Zue
See more books written by: Ray Dalio
- Principles: Life and Work - Book reviews
- Sivers book notes
- Jack - Twitter status - 7 Nov 2017
- Henry Medine, Co-Founder of Space Jam Data, Talks About His Favorite Books
- Book-Talk with Marvin Liao, Partner at 500 Startups, Avid Reader & Tsundoku
- Antonio Eram, Founder of NETOPIA mobilPay, Shares the Books that Help Him Change, Rediscover, Reshape
- Cory Zue, Software Developer & Entrepreneur, Talks Books & Business Advice for Young Entrepreneurs