Principles Book Reviews

Ray Dalio

Principles by Ray Dalio Book Summary


“Significant...The book is both instructive and surprisingly moving.” —The New York Times

Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals.

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 and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to 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.

In Principles, Dalio shares what he’s 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. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” 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.

Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

👋 Do you love Principles books? Please share your friends!

share facebook whatsapp twitter pinterest telegram email
Book Name Principles
Genre Personal Finance
Language English
E-Book Size 16.34 MB

Principles (Ray Dalio) Book Reviews 2024

💸 Want to send money abroad for free?

We transfer money over €4 billion every month. We enable individual and business accounts to save 4 million Euros on bank transfer fees. Want to send free money abroad or transfer money abroad for free? Free international money transfer!

The app is a must!. Download the app & get to use this book as a daily reference or guide.

Great Book. I liked everything about this book. This book is a must have for anyone interested in learning about how to be a successful leader.

Incredible dissection of an Idea Meritocracy. As someone new to management, learning to develop a style tailored toward efficiently while managing vision and purpose, this book has been an incredible addition to my mind’s expansion of meritocratic leadership. I highly recommend this book to anyone looking to reflect on their current life and work principles and the values that guide our on going journey to success. For a life full of meaningful work, meaningful relationships, and the radical truth and transparency necessary to achieve it, I present you this book.

Awesome. Practical wisdom, from a man who did it!

Principles. Excellent book I have read many books but I have not seen many that teach The principal behind the work that the principal will be used

Principles 👍🏻👍🏻. I would recommend this book to anybody who is willing to look within themselves wanting to improve. Principles changed how I viewed leadership and taught me about meritocracy. The thing I love most is principles is that it challenges the way I view my own leadership and accountability. Great great book.

Life and Bussiness Amendments. Blueprint of a disciplined life filled with excitement and Joy… if followed with action.

Best book on self improvement.. This book is great. I recommend without hesitation.

Principles. Superb. Loved reading Ray’s insights and concrete examples.

A must read!. Thank you, Ray Dalio for putting this book together

Great Read. Took me a while, but well worth the time to finish it. It is both reflective and instinctive. You will almost have to internalise the idea meritocracy concept and radical truth wisdom behind it. You cannot just read the book, you have to feel it, live it to realise how powerful it’s meaning. Thank you Ray.

Very repetitive. This could have easily been shortened to 1/3 of the current volume. The author repeats himself a lot. A lot of the principles are essentially identical. I was expecting more focus on investing and the principles around that. After all, the guy is a famous big shot hedge fund manager. That was barely touched on. The book started well with personal stories but it slowly disintegrated into just what seems to be a barely organized dump from his diary. I assume the author just got tired after writing page 200. Overall, not a read I would recommend. It feels like a waste of my time but I’m almost at the end and I want to get it in my library of finished books.

Outstanding. Ray Dalio gives the gift of his wisdom in this amazing book. I’ll definitely be re-reading this a couple times to soak it all in.

💰 A universe of opportunities: Payoneer

Did you know that you can earn 25 USD from our site just by registering? Get $25 for free by joining Payoneer!

Fantastic. The single best book I have read, practical advice that you can really get into and it's done in a way to keep you interested.

Filled with golden nuggets. A great book about how a collection of principles can improve your life and and work. It’s not a perfect read and is a bit repetative and disorganised at times, but the message it conveys is without a doubt an important one.

🧠 Join the movement! Experience the world's No.1 brain supplement

Imagine you at your best. All the time. Picture yourself at your sharpest and most productive. Your most alert and focused. Your most lucid, creative and confident. At work. At play. In every area of your life. Add Mind Lab Pro® v4.0 to your daily routine and uncap your true potential. Buy Now!

👉 Are you looking for an Adsense alternative advertising platform?

Adsterra is the most preferred ad network for those looking for an alternative to AdSense. Adsterra is the ideal choice for new sites with low daily traffic. In order to advertise on the site in Adsterra, like other ad networks, a certain traffic limit, domain age, etc. is required. There are no strict rules. Sign up!

Please wait! Principles book comments loading...

Ray Dalio - Principles Discussions & Comments

Have you read this book yet? What do you think about Principles by Ray Dalio book? Ask the community a question about Principles!

Principles E-book (PDF, PUB, KINDLE) Download

Principles ebook principles (16.34 MB) download new links will be update!

Principles Similar Books

Enhance sleep, vision, cognition, flexibility, energy, long-range health and more. Performance Lab CORE Formulas support all aspects of human performance, across all walks of life. Boosts work performance and productivity with nootropics for focus, multitasking under stress, creative problem-solving and more.

Other Books from Ray Dalio
Book Name Score Reviews Price
Zasady 0/5 0 $6.99
Principios 4.5/5 18 $8.99
I principi del successo 0/5 0 $17.99
Die Prinzipien des Erfolgs 0/5 0 $27.99
I principi per affrontare il nuovo ordine mondiale 0/5 0 $25.99

Summary of Principles by Ray Dalio

The Principles book written by Ray Dalio was published on 19 September 2017, Tuesday in the Personal Finance category. A total of 652 readers of the book gave the book 4 points out of 5.

Free Personal Finance Books

Coinbase is the world's most trusted place to buy and sell cryptocurrency. Open an account today, and if you buy or sell $100 or more of crypto, you'll receive $10 worth of free Bitcoin!

Paid Personal Finance Books
Book Name Author Price
Accounting Mark Smith $2.99
Keeping Finance Personal Ellyce Fulmore $14.99
Investing For Dummies Eric Tyson $17.99
You Need a Budget Jesse Mecham $1.99
Managing Your Money All-in-One For Dummies The Experts at Dummies $24.99

Jasper is the generative AI platform for business that helps your team create content tailored for your brand 10X faster, wherever you work online.