WULOLIFE
Principles Author: Ray Dalio Publisher: CITIC Press Original title: Principles: Life and Work Douban's top 10 most popular business books
Principles Author: Ray Dalio Publisher: CITIC Press Original title: Principles: Life and Work Douban's top 10 most popular business books
Description
Introduction · · · · · ·
Ray Dalio is one of the world's top investors and entrepreneurs, and the founder of the hedge fund Bridgewater. Since its founding, Bridgewater has earned far more for its clients than any other hedge fund in history. Dalio believes that Bridgewater's success stems from a set of principles he adheres to, and these principles are also the most important things he has learned in his life.
Dalio believes that we can look at life, management, business and investment like machines, and systematize them into a series of principles. This book explains the two cornerstones of his principles - extreme truth-seeking and extreme transparency, and introduces the creative selection based on this, as well as the decision-making mechanism based on credibility evaluation. The more than 500 principles in the book will help us keep an open mind, see the reality clearly, correctly evaluate ourselves and others, calmly face issues such as making decisions and building a strong team, and further deepen our understanding of ourselves and achieve continuous growth.
Dalio believes that his success is not due to his personal characteristics, but because he learned the principles of life and work from failure, and most people and companies can use these principles to better achieve their goals.
About the Author · · · · · ·
Ray Dalio
Founder of the hedge fund Bridgewater Associates. Born in a very ordinary middle-class family on Long Island, New York, he founded Bridgewater in his two-bedroom apartment at the age of 26. After 42 years of development, Bridgewater ranks fifth on the list of the most important private companies in the United States (Fortune magazine). He was selected as one of the 100 most influential people in the world by Time magazine and ranked among the top 100 richest people in the world by Forbes. Because of his unique investment principles that changed the fund industry, the American CIO Manager Magazine called him "the Steve Jobs of the investment world."