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3.8 AVERAGE
3.8 AVERAGE
challenging
hopeful
informative
inspiring
reflective
medium-paced
informative
inspiring
medium-paced
informative
inspiring
reflective
medium-paced
Content Warnings
Minor: Misogyny, Classism
I love it when I find such jewel-of-a-book from time to time.
Ray Dalio's Principles is a super structured read that provides an overview of the way of thinking and working of the American investor. It is a sobering work at times and inspiring at others as he mixes personal stories (I love biographies :)) and business tips.
The book is separated into three distinctive parts, looking at the author's history, his life and his work principles and how all of these have been going hand in hand. Rarely I have highlighted so many lines in a single book, and what I love the most is that the content table is done in such a way that you can easily use it to find Ray Dalio's proposed solution to a specific problem he has experienced. In a way, this is like an almanac for generally good business behavior.
I feel I will reread big parts of this work in the future, as the solutions blueprint provided inside can help me in many different situations. And I really consider trying using a machine-like approach to problem-solving, as described by the author. Let's see how it will go.
Ray Dalio's Principles is a super structured read that provides an overview of the way of thinking and working of the American investor. It is a sobering work at times and inspiring at others as he mixes personal stories (I love biographies :)) and business tips.
The book is separated into three distinctive parts, looking at the author's history, his life and his work principles and how all of these have been going hand in hand. Rarely I have highlighted so many lines in a single book, and what I love the most is that the content table is done in such a way that you can easily use it to find Ray Dalio's proposed solution to a specific problem he has experienced. In a way, this is like an almanac for generally good business behavior.
I feel I will reread big parts of this work in the future, as the solutions blueprint provided inside can help me in many different situations. And I really consider trying using a machine-like approach to problem-solving, as described by the author. Let's see how it will go.
The material covered in this is excellent! Ray Dalio effectively outlines how to create an OS for your work and life interactions and way to operate and behave through the Principles he lays out. The book is in three parts, his life history and mini-autobiography which is interesting but can be skipped (although it shows how he came to build the Principles which in a way adds believability, authenticity and authority to them when you read them later). Parts two and three are context to the principles (primarily the core base of idea meritocracy, radical truth and radical transparency) and then he goes through his Principles in detail as the largest part of the book.
This was a drag to read tbh, but it has some valuable life principles I should remember
Fantastic book that ought to be introduced right at highschool or atleast worst case at 1st year of University education. The book contains decades of wisdom that, for sure, shapes one's thinking with professional life by increasing ones potential exponentially. It's not just for entrepreneurs but has something to learn for anyone working anywhere no matter the job they do, where they stand & the position they hold, be it a CEO or janitor or even an outsourced contractor. It's a MUST READ book after the much famed Peter Drucker's The Effective Executive!! Why i like this book was the principles in this book revolves around age old principles such as truth, honesty & transparency in doing business which are rare traits in 21st century!!
A quick read. I will give this book 3 stars. Read it if you manage a large team. It's a set of principles written by a CEO for CEOs. It has some decent management advice and strategy, but I can't say I have learned something that I haven't already read from other books. The self-help sounding 5-step program is in my opinion utter gibberish. Life is so much more complex than that.
I liked this a lot more than I thought I would. I appreciate that Dalio makes it clear that this book isn't prescriptive but rather encourages the reader to take the time to create and build their own set of principles, then act accordingly. It's a quick read and set up in a way that's easy to refer back to in diff mgmt situations. The one thing I think is missing is a discussion around training (junior staff particularly) and then when you recognize people's natural strengths and weaknesses. It seems to assume people enter the workforce fully formed.
