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Summary of Principles: Life and Work by Ray Dalio
IMPORTANT This is a book summary of Principles by Ray Dalio and not the original book.
Referred to as the "Steve Jobs of Investing," Ray Dalio is one of the world's most successful investors and entrepreneurs. In his book , he shares the unconventional principles that he's developed, refined, and used over the past 40 years to create unique results in both life and business - and which any person or organization can adopt to help achieve their goals. Dalio believes that everything in life can be systemized into rules and understood like machines. This book shows you how to easily and efficiently do that.
It takes the average person 49.5 minutes to read 9000 words.
For the price of a coffee and a time investment of roughly 2% of your day, I believe the wisdom in this book to be well worth it's value. This book allows you to skip to the nuggets of wisdom and actionable content in a very easily absorbed, readable way including key takeaways at the end of each chapter. Save yourself time and money! This book contains a wealth of knowledge at a fair price with no risks. If you believe that this summary is not beneficial towards your life, get a full refund within 7 days!
Amplify your knowledge in a simple, efficient manner. Take action, get your copy today!
Referred to as the "Steve Jobs of Investing," Ray Dalio is one of the world's most successful investors and entrepreneurs. In his book , he shares the unconventional principles that he's developed, refined, and used over the past 40 years to create unique results in both life and business - and which any person or organization can adopt to help achieve their goals. Dalio believes that everything in life can be systemized into rules and understood like machines. This book shows you how to easily and efficiently do that.
It takes the average person 49.5 minutes to read 9000 words.
For the price of a coffee and a time investment of roughly 2% of your day, I believe the wisdom in this book to be well worth it's value. This book allows you to skip to the nuggets of wisdom and actionable content in a very easily absorbed, readable way including key takeaways at the end of each chapter. Save yourself time and money! This book contains a wealth of knowledge at a fair price with no risks. If you believe that this summary is not beneficial towards your life, get a full refund within 7 days!
Amplify your knowledge in a simple, efficient manner. Take action, get your copy today!
64 pages, Kindle Edition
Published April 12, 2018
83 people are currently reading
148 people want to read
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Displaying 1 - 8 of 8 reviews
October 21, 2018
4.5 stars
. I'd consider this a quick first re-read and a map to know exactly what part of the book you'd be interested in - it's self-help, not a world or character building novel, relax.
. This helps highlights some parts of the books I plan on revisiting.
-0.5 Stars:
. I'm open to being wrong but I believe summaries like these should often include reminders in-text to review the original book. For example, I found the topic on the selfish pursuit of our goals as a symbiotic way of living - a way in wish our selfish pursuit of our own goals, can actually helps others achieve theirs, whether we are conscious of it or not, important to me and I could have missed this gem if I hadn't read the full book. TL&DR I'd advice to use this as a map to read the actual book.
My major take-away: Based on where I currently am in life anyways.
.Honesty is very important and can be disarming towards dishonest people; it should not be underestimated. This affects you internally and it brings up problems in your life.
. Identify your problems down to it's core. By reviewing your past actions and situations,you can effectively move towards a more successful solution.
. Meditation, self-mastery, insight.
. Do not be worried about the thoughts of others, watch yours instead.
. I'd consider this a quick first re-read and a map to know exactly what part of the book you'd be interested in - it's self-help, not a world or character building novel, relax.
. This helps highlights some parts of the books I plan on revisiting.
-0.5 Stars:
. I'm open to being wrong but I believe summaries like these should often include reminders in-text to review the original book. For example, I found the topic on the selfish pursuit of our goals as a symbiotic way of living - a way in wish our selfish pursuit of our own goals, can actually helps others achieve theirs, whether we are conscious of it or not, important to me and I could have missed this gem if I hadn't read the full book. TL&DR I'd advice to use this as a map to read the actual book.
My major take-away: Based on where I currently am in life anyways.
.Honesty is very important and can be disarming towards dishonest people; it should not be underestimated. This affects you internally and it brings up problems in your life.
. Identify your problems down to it's core. By reviewing your past actions and situations,you can effectively move towards a more successful solution.
. Meditation, self-mastery, insight.
. Do not be worried about the thoughts of others, watch yours instead.
March 23, 2021
I found the longer book a bit more helpful, on review. The philosophy is interesting, but seems very materialistic to me. Generally I disagree with the underlying idea of meritocracy. (Cream rises to the top) (We're self made men) Ray certainly has excelled, but then if his fund is doing great that means someone else is losing money. How is that a good thing? (You could argue that productivity causes gains, but productivity per se means low wages and often shifting work to low income areas where there are fewer protections for workers, even prison labor.) The most troubling thing about the philosophy is that it comes from the perspective of the individual, we sorely need this sort of thing -- from the perspective of an interconnected world. Still there are gems to be found, and polished.
October 29, 2022
These principles are very useful both in life and work. These are very interesting principles, especially about the second and subsequent-order consequences of acquiring anything in the market.
The key to success: Strive for a lot and fail well and fail early.
The key to success: Strive for a lot and fail well and fail early.
October 5, 2024
Filled with invaluable lessons and advice about "life" and "work". Both sections are equally great but I personally learnt more from the "life" section. It's a long book though which took me over a year on and off reading. Thanks to my mentor Ashley for recommending me this book.
October 8, 2018
Good
Good, I don’t get anything life changing out of this summary
I’ll try these summary books out again in the future still
Good, I don’t get anything life changing out of this summary
I’ll try these summary books out again in the future still
October 12, 2018
Impossible to read everything you want
The great thing about this book is that it gets to the heart of the message without taking 400 pages to get there.
The great thing about this book is that it gets to the heart of the message without taking 400 pages to get there.
January 7, 2019
The machine!!!
Great read. Thank you ray dalio for sharing your principles. I will put them to practice in my journey thru life.
Great read. Thank you ray dalio for sharing your principles. I will put them to practice in my journey thru life.
August 4, 2022
Seems repetitive, is it worth reading the whole thing?
Displaying 1 - 8 of 8 reviews