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Principles - Summarized for Busy People: Life and Work: Based on the Book by Ray Dalio
Principles - Summarized for Busy People: Life and Work: Based on the Book by Ray Dalio
Principles - Summarized for Busy People: Life and Work: Based on the Book by Ray Dalio
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Principles - Summarized for Busy People: Life and Work: Based on the Book by Ray Dalio

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This book summary and analysis was created for individuals who want to extract the essential contents and are too busy to go through the full version. This book is not intended to replace the original book. Instead, we highly encourage you to buy the full version.

Ray Dalio founded an investment firm, Bridgewater Associates, in 1975 from his two-bedroom apartment in New York City. This was the key with which he was able to create money for clients more than any other hedge fund in history and it later went on to become the fifth most important company in the United States. Dalio became part of Time magazine's list of 100 most influential people in the world.

But as he was building this kind of achievement, he discovered and laid out a set of timeless principles which was the cause of Bridgewater's effective culture. These principles are what guided him to his success despite Dalio not having anything special as a child who grew up in a middle-class Long Island neighborhood.

In his book Principles: Life and Work, Dalio opened up about his learnings over that course of his career. Everything in life, he says, can be understood the way a machine works. The book is filled with practical wisdom and lessons which had comes from Dalio's own belief in radical truth and transparency. Using these methods, he was able to create the most effective ways of leading a company as it grows to become more successful. With the number of ideas laid out in the book about leading organizations and creating meaningful relationships, Principles shares the simple truths that anyone can apply not only at work but in their personal lives as well.

Also called the "Steve Jobs of investing" and the "philosopher king of the financial universe," Dalio gives out proven and timeless advice which is unique from any perspective that any other book presents.

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LanguageEnglish
Release dateJul 27, 2018
ISBN9781386047834
Principles - Summarized for Busy People: Life and Work: Based on the Book by Ray Dalio

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    Book preview

    Principles - Summarized for Busy People - Goldmine Reads

    Principles

    Summarized For Busy People

    Life and Work

    Based on the Book by Ray Dalio

    ––––––––

    Goldmine Reads

    Copyright © Goldmine Reads

    All Rights reserved. No part of this text may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of the copyright holder.

    Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly.

    Respective authors own all copyrights not held by the publisher.

    TABLE OF CONTENT

    Principles

    INTRODUCTION

    ABOUT THE AUTHOR

    ABOUT THIS BOOK SUMMARY

    PART ONE: WHERE I’M COMING FROM

    Chapter 1: My Call to Adventure

    Chapter 2: Crossing the Threshold

    Chapter 3: My Abyss

    Chapter 4: My Road of Trials

    Chapter 5: The Ultimate Boon

    Chapter 6: Returning the Boon

    Chapter 7: My Last Year and My Greatest Challenge

    Chapter 8: Looking Back from a Higher Level

    PART TWO: LIFE PRINCIPLES

    Chapter One: Embrace Reality and Deal With It

    Chapter Two: Use the Five-Step Process to Get What You Want Out of Life

    Chapter Three: Be Radically Open-Minded

    Chapter Four: Understand that People are Wired Very Differently

    Chapter Five: Learn How to Make Decisions Effectively

    PART THREE: WORK PRINCIPLES

    Chapter One: To Get the Culture Right...

    Chapter Two: To Get the People Right...

    Chapter Three: To Build and Evolve Your Machine...

    CONCLUSION

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    INTRODUCTION

    Ray Dalio, one of the most successful entrepreneurs around the globe and considered the Steve Jobs of investing, shares his secrets to how the financial system around the world works as well as how to run a big and successful business. In his book, Principles: Life and Work, Dalio gives away the universal truths that helped him build his business from the ground up.

    Dalio will walk you through starting his business from his two-bedroom apartment, through the drawbacks, and decisions which led him through his

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