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3.8 AVERAGE
3.8 AVERAGE
Felt like a listicle with 500 items on it. Many of them good but all of them quite shallow.
The first half of the book could almost qualify for 5 stars. Very simple but interesting take on how to filter out important things and how it's less about self and more about how to put self in context. The first half will be something to go back to every now and then, too many quotable points there.
The second half of the book is a typical American style repetition. The toc in the middle of the book more or less covers it, hence not more than 3 stars for that.
The book can sound utter nonsense to folks with very high opinion of self. And not quite interesting enough to people that consider achievement less important in life. It's a very nice read for rationalists who have ended up in semi-vicious circle of endless improvement of the world.
Some favourites:
'Because our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual thinking.'
'Listening to uninformed people is worse than having no answers at all.'
'It’s more important to do big things well than to do the small things perfectly.'
The second half of the book is a typical American style repetition. The toc in the middle of the book more or less covers it, hence not more than 3 stars for that.
The book can sound utter nonsense to folks with very high opinion of self. And not quite interesting enough to people that consider achievement less important in life. It's a very nice read for rationalists who have ended up in semi-vicious circle of endless improvement of the world.
Some favourites:
'Because our educational system is hung up on precision, the art of being good at approximations is insufficiently valued. This impedes conceptual thinking.'
'Listening to uninformed people is worse than having no answers at all.'
'It’s more important to do big things well than to do the small things perfectly.'
A masterclass on productive thinking, accountability, radical transparency, and building disciplined organizational thinking.
informative
reflective
medium-paced
informative
inspiring
reflective
Ray Dalio’s principles (and Principles) add up to one important thesis: idea meritocracy is best. It’s hard not to argue with this, and the “machine” he has created at Bridgewater is admirable. Dalio’s unabashedly compares his fine-tuned methodological approach to organizational design to the creation of a machine, which was disconcerting at times. But his intent is not to dehumanize the operators (or cogs?) of his machine, rather it is to put in place principles that can minimize irrational decision-making at an organizational level.
Beware, though: Dalio’s writing is so dry. He uses not an ounce of extraneous adjective or adverb. (And yet there are still too many baseball metaphors.) This book read as if there’s a staccato marking over every sentence.
Beware, though: Dalio’s writing is so dry. He uses not an ounce of extraneous adjective or adverb. (And yet there are still too many baseball metaphors.) This book read as if there’s a staccato marking over every sentence.
A book by billionaire investor and hedge fund manager, Ray Dalio, wherein he shares principles that have guided his personal and professional life.
The book is divided into 3 parts: an autobiographical section where Dalio narrates "where he is coming from", Life Principles - a general guide to living well and Work Principles, which is essentially an application of the Life Principles to organisations.
The first 2 parts are, unfortunately, vastly more interesting than the final one. Some of the notable ideas are those of radical honesty, realising which stage of life you're in, being relentless in finding out what is true, pain+reflection = progress and the idea to focus on your goals and not how you look to other people.
Although I didn't agree with everything (and in fact disagreed quite strongly with some ideas), Principles is laden with wisdom. This is the type of book that demands revisiting regularly.
The book is divided into 3 parts: an autobiographical section where Dalio narrates "where he is coming from", Life Principles - a general guide to living well and Work Principles, which is essentially an application of the Life Principles to organisations.
The first 2 parts are, unfortunately, vastly more interesting than the final one. Some of the notable ideas are those of radical honesty, realising which stage of life you're in, being relentless in finding out what is true, pain+reflection = progress and the idea to focus on your goals and not how you look to other people.
Although I didn't agree with everything (and in fact disagreed quite strongly with some ideas), Principles is laden with wisdom. This is the type of book that demands revisiting regularly.
I have no issue with super long reads, but this needed to be half the length. Some awesome nuggets, especially at the beginning, but found myself rolling my eyes at an increasing rate throughout.
Ray already warns his readers regarding the repetition he puts in the book, maybe to actually imprint his principles in the mind of his readers. Overlooking that the book is full of wisdom and gems something new and some of it that we all might already know. Nevertheless read it with an open mind and you will certainly get something for yourself too.
The story at the beginning is great. The rest is way to long.
I don't get how the dot collector work and that could be interesting to have a more detailed description.
I don't get how the dot collector work and that could be interesting to have a more detailed description.