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3.8 AVERAGE
3.8 AVERAGE
medium-paced
A textbook true textbook on how to successfully and practically run any organization. Dalio’s Principles far exceeds the typical management book. I’d recommend this to anyone looking to analyze the nitty-gritty or creating, running, and managing a successful company.
informative
reflective
Not for me. Started off pretty good, but then became really repetitive, generic, and abstract. Maybe it was the writing style or maybe it was that I've read so much of this area that it didn't stand out to me as anything special. I didn't get much out of it.
Quotes:
- "I just want to be right—I don’t care if the right answer comes from me."
- "Every time you confront something painful, you are at a potentially important juncture in your life—you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion."
Quotes:
- "I just want to be right—I don’t care if the right answer comes from me."
- "Every time you confront something painful, you are at a potentially important juncture in your life—you have the opportunity to choose healthy and painful truth or unhealthy but comfortable delusion."
challenging
informative
inspiring
lighthearted
reflective
relaxing
fast-paced
One of the top three most influential books I've ever read. Has so many gems for designing your life and also managing an organization. Ray is a very logical person and has a great understanding of the big picture while at the same time can explain the details of a specific element of life or work. Definitely a book to read annually.
informative
reflective
slow-paced
Way too technical for finance and too cliche business-y. Meant to try the other book that's more history.
Ray Dalio founder of the world’s most successful hedge fund – Bridgewater ; pens down his “principles of success” in this semi – autobiography / self -help book . The first part is more on the personal front and the second half is all about these principles – but here is where it falls short . It gets very monotonous at times with overlapping “rules” and subsets i.e rule 3.1.4 ; which to me felt like no-brainers at times . I was expecting more of part one – visionary insights , maverick trades stories etc and not generic advice you give teenagers ; also the book lacks flow and abruptly shifts gears at times.
informative