Principles: Life and Work Audiobook (Free)

#1 New York Times Bestseller

“Significant…The book is both instructive and surprisingly moving.” -The NY Times

Ray Dalio, among the world’s most effective investors and business owners, stocks the unconventional concepts that he’s developed, refined, and used within the last forty years to generate unique results in both lifestyle and business-and which anybody or organization can adopt to greatly help accomplish their goals.

In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, about Principles: Life and Work out of his two-bedroom apartment in NEW YORK. Forty years later on, Bridgewater has produced more money because of its clients than any other hedge account in history and grown into the fifth most important private company in america, according to Fortune newspaper. Dalio himself has been named to Time magazine’s list of the 100 most important people in the world. Along the way, Dalio found out a set of unique principles which have resulted in Bridgewater’s exceptionally effective culture, which he identifies as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It really is these principles, and not anything particular about Dalio-who was raised an ordinary child in a middle-class Long Isle neighborhood-that he believes are the cause of his success.

In Principles, Dalio stocks what he’s learned over the course of his amazing career. He argues that lifestyle, management, economics, and trading can all be systemized into rules and recognized like devices. The book’s hundreds of practical lessons, which are designed around his cornerstones of “radical truth” and “radical transparency,” include Dalio installation of the most effective ways for folks and organizations to make decisions, approach difficulties, and build solid groups. He also describes the innovative equipment the company uses to create an idea meritocracy to life, such as creating “baseball cards” for those workers that distill their strengths and weaknesses, and utilizing computerized decision-making systems to make believability-weighted decisions. As the book brims with book ideas for institutions and institutions, Concepts also offers a clear, straightforward approach to decision-making that Dalio feels anyone can apply, no real matter what they’re seeking to achieve.

Here, from a man who has been known as both “the Steve Careers of investing” and “the philosopher king of the economic universe” (CIO newspaper), is definitely a rare opportunity to gain tested advice unlike anything you’ll find in the traditional business press.