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bankole 's review for:
Principles: Life and Work
by Ray Dalio
Reading the book is like opening a packet of M&Ms and finding only a few of the color you can actually eat. A small number of 'principles' are striking, the majority of the principles come across as banal. This is not because they are wrong - his principles are mostly common sense. It's because without context, the principles make for tedious reading.
Despite that, this book impressed on me the power of reflecting and learning from your past decisions, in a systematic - and even - written way. That can only help. Many do this intuitively, but now many more can with technology Also, his professional journey is fascinating. One does not go from irrascible commodity trader to billions of dollars without learning something along the way. The world is better because he shared it, along with the tools he promises will be coming at a later date.
Despite that, this book impressed on me the power of reflecting and learning from your past decisions, in a systematic - and even - written way. That can only help. Many do this intuitively, but now many more can with technology Also, his professional journey is fascinating. One does not go from irrascible commodity trader to billions of dollars without learning something along the way. The world is better because he shared it, along with the tools he promises will be coming at a later date.