Download Principles: Life and Work AudioBook Free
Ray Dalio, one of the world's most successful traders and entrepreneurs, shares the unconventional ideas that he's developed, enhanced, and used over the past 40 years to produce unique results both life and business - and which anybody or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment company, Bridgewater Associates, away of his two-bedroom apartment in NEW YORK. Forty years later, Bridgewater has made more income for its clients than any other hedge fund ever sold and has grown in to the fifth most significant private company in the United States, matching to Bundle of money newspaper. Dalio himself has been called to Time magazine's set of the 100 most influential people on the planet. On the way, Dalio discovered a couple of unique principles which may have led to Bridgewater's extremely effective culture, which he identifies as "a concept meritocracy that aims to achieve meaningful work and meaningful relationships through radical transparency". It really is these principles, and not anything special about Dalio - who was raised an ordinary child in a middle-class Long Island area - that he feels are the reason behind his success. In Principles, Dalio shares what he's discovered over the course of his remarkable job. He argues that life, management, economics, and trading can all be systemized into guidelines and grasped like machines. The book's a huge selection of useful lessons, which are built around his cornerstones of "radical truth" and "radical transparency", include Dalio laying out the most effective ways for folks and organizations to make decisions, approach troubles, and build strong teams. He also identifies the progressive tools the firm uses to bring a concept meritocracy alive, such as creating "baseball cards" for those employees that distill their advantages and weaknesses and employing computerized decision-making systems to make believability-weighted decisions. As the publication brims with novel ideas for organizations and establishments, Principles also offers a clear, simple method of decision making that Dalio feels anyone can apply, regardless of what they're seeking to achieve. Here, from a guy that has been called both "the Steve Careers of trading" and "the philosopher ruler of the financial universe" (CIO newspaper), is a exceptional possibility to gain proven advice unlike anything you'll find in the traditional business press.
