Principles
(Book)

Book Cover
Average Rating
Published
New York : Simon and Schuster, [2017].
Format
Book
Edition
First Simon & Schuster hardcover edition.
ISBN
1501124021, 9781501124020
Physical Desc
xviii, 567 pages : illustrations ; 24 cm
Status

Description

Loading Description...

Copies

LocationCall NumberStatus
Forest Hill Public Library - Adult SectionDAL 650.1On Shelf

Also in this Series

Checking series information...

More Like This

Loading more titles like this title...

Other Editions and Formats

More Details

Language
English
ISBN
1501124021, 9781501124020
UPC
13707170, 99974015039

Notes

Bibliography
Includes bibliographical references (pages 553-554) and index.
Description
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. Dalio himself has appeared on 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. Now Dalio shares what he has 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. His practical lessons 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.

Reviews from GoodReads

Loading GoodReads Reviews.

Citations

APA Citation, 7th Edition (style guide)

Dalio, R. (2017). Principles (First Simon & Schuster hardcover edition.). Simon and Schuster.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Dalio, Ray, 1949-. 2017. Principles. New York: Simon and Schuster.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Dalio, Ray, 1949-. Principles New York: Simon and Schuster, 2017.

MLA Citation, 9th Edition (style guide)

Dalio, Ray. Principles First Simon & Schuster hardcover edition., Simon and Schuster, 2017.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

Staff View

Loading Staff View.