Principles
(Book)
Author
Published
New York : Simon & Schuster, 2017.
Edition
First Simon & Schuster hardcover edition.
ISBN
1501124021, 9781501124020
Physical Desc
xviii, 567 pages ; illustrations ; 24 cm
Status
Adult Nonfiction (3rd floor)
NF 650.1 DALIO 2017
1 available
NF 650.1 DALIO 2017
1 available
Description
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Copies
Location | Call Number | Status |
---|---|---|
Adult Nonfiction (3rd floor) | NF 650.1 DALIO 2017 | On Shelf |
More Details
Published
New York : Simon & Schuster, 2017.
Format
Book
Edition
First Simon & Schuster hardcover edition.
Language
English
ISBN
1501124021, 9781501124020
Notes
Bibliography
Includes bibliographical references (pages 553-554) and index.
Description
In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history. Dalio himself has appeared on Time magazine's list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater's exceptionally effective culture, which he describes as "an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency." It is these principles, and not anything special about Dalio -- who grew up an ordinary kid in a middle-class Long Island neighborhood -- that he believes are the reason behind his success. Now Dalio shares what he has learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. His practical lessons include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating "baseball cards" for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they're seeking to achieve.
Action
cc,2017-11-18,JD
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Citations
APA Citation, 7th Edition (style guide)
Dalio, R. (2017). Principles (First Simon & Schuster hardcover edition.). Simon & Schuster.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Dalio, Ray, 1949-. 2017. Principles. Simon & Schuster.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Dalio, Ray, 1949-. Principles Simon & Schuster, 2017.
MLA Citation, 9th Edition (style guide)Dalio, Ray. Principles First Simon & Schuster hardcover edition., Simon & Schuster, 2017.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.