Summary of Principles: Life and Work by Ray Dalio
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About this ebook
IMPORTANT NOTE: 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!
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Summary of Principles - In A Nutshell Publishing
SUMMARY:
Principles
by Ray Dalio
––––––––
In A Nutshell Publications
Copyright © 2018 In A Nutshell Publications. Please note this is an UNOFFICIAL summary and analysis. This summary and analysis is not affiliated, authorized, approved, licensed, or endorsed by the subject book’s author or publisher. All Rights Reserved. The publisher and author make no warranties or representations with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. Content and price subject to change without notice.
Table of Contents
PART ONE: WHERE I’M COMING FROM
Chapter One: My Call to Adventure
Chapter Two: Crossing The Threshold
Chapter Three: My Abyss
Chapter Four: My Road of Trials
Chapter Five: The Ultimate Boon
Chapter Six: Returning the Boon
Chapter Seven: My Last Year and My Greatest Challenge
Chapter Eight: 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 Business
Conclusion
Principles are fundamental truths that serve as the foundations for behavior that gets you what you want out of life.
-Ray Dalio
PART ONE: WHERE I’M COMING FROM
Chapter One: My Call to Adventure
I believe that the key to success is knowing how to both strive for a lot and fail well.
Dalio begins by telling us about his personal journey through life, something that he admittedly worries about because he doesn’t want his personal life to distract too much from the principles that he is trying to teach the reader. Initially, Dalio didn’t want to talk to the general public about his principles at all, since he felt it would be presumptuous.
But after he successfully predicted the 2008 financial crisis, he gained a lot of media attention. He felt that it was only fair he give people the knowledge to help themselves in the way that he had helped himself. While it might prove distracting to some, his personal life journey would help readers understand him. It would also show how the principles system came to fruition in his mind and how he has used them for great success over the course of his life.
The