Principles (book)
{{Short description|2017 book by Ray Dalio}}
{{Use American English|date=April 2019}}
{{Use mdy dates|date=April 2019}}
{{Infobox book
| name = Principles: Life & Work
| author = Ray Dalio
| image = File:Principles (book).jpg
| caption = First edition
| subject =
| pub_date = September 19, 2017
| publisher = Simon & Schuster
| media_type = Print (Hardcover)
| pages = 592
| isbn = 1501124021
| oclc = 978287244
}}
Principles: Life & Work is a 2017 book by hedge fund manager Ray Dalio based on principles he had developed while leading Bridgewater Associates. These Principles for Success were also made available as an ultra mini-series adventure by the author.{{Cite web|url=https://www.principles.com/principles-for-success/|title=Principles for Success|last=Dalio|first=Ray|website=www.principles.com|language=en|access-date=2020-01-19}} According to The New York Times, staff at Bridgewater were involved in the writing of the book.{{Cite news |last=Copeland |first=Rob |date=2023-11-01 |title=How Does the World's Largest Hedge Fund Really Make Its Money? |language=en-US |work=The New York Times |url=https://www.nytimes.com/2023/11/01/business/how-does-the-worlds-largest-hedge-fund-really-make-its-money.html |issn=0362-4331}}
The book was on The New York Times Best Seller List{{Cite news |last=Sorkin |first=Andrew Ross |date=2017-09-05 |title=Bridgewater's Ray Dalio Dives Deeper Into the 'Principles' of Tough Love |url=https://www.nytimes.com/2017/09/04/business/ray-dalio-book-bridgewater.html |access-date=2024-06-30 |work=The New York Times |language=en-US |issn=0362-4331}} and was the top business book of 2017 on Amazon.{{Cite news |last=Varadarajan |first=Tunku |date=November 19, 2021 |title='Principles for Dealing With the Changing World Order' Review: Trouble Ahead, As Usual |url=https://www.wsj.com/articles/principles-for-dealing-with-the-changing-world-order-book-review-ray-dalio-trouble-ahead-as-usual-11637335545 |access-date=June 30, 2024 |work=The Wall Street Journal}}
Development
After receiving a frank memo from his top lieutenants in 1993 concerning his interpersonal performance as a manager, Bridgewater Associates' Ray Dalio began to develop a unique company culture based on principles and unadorned feedback. He originally published a shorter version of Principles online in 2011, where it received over three million downloads. It was officially released as Principles: Life & Work on September 19, 2017,{{r|NYT-deeper}} by Simon & Schuster.{{r|NYT-gospel}}
References
{{Reflist|refs=
{{Cite news |last1=Sorkin |first1=Andrew Ross |title=Bridgewater's Ray Dalio Dives Deeper Into the Principles of Tough Love |work=The New York Times |date=2017-12-22 |url=https://www.nytimes.com/2017/09/04/business/ray-dalio-book-bridgewater.html |language=en-US |issn=0362-4331 |df=mdy-all }}
{{Cite news |last1=Stevenson |first1=Alexandra |last2=Goldstein |first2=Matthew |title=Bridgewater's Ray Dalio Spreads His Gospel of Radical Transparency |work=The New York Times |date=2017-09-08 |url=https://www.nytimes.com/2017/09/08/business/dealbook/bridgewaters-ray-dalio-spreads-his-gospel-of-radical-transparency.html |language=en-US |issn=0362-4331 |df=mdy-all }}
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Further reading
{{Refbegin}}
- {{Cite web |last1=Calvello |first1=Angelo |title=Ray Dalio's Book Has Sold a Million Copies. But Who's Actually Implementing His Ideas? |work=Institutional Investor |date=2018-05-10 |url=https://www.institutionalinvestor.com/article/b184ggn6dd6090/ray-dalio%E2%80%99s-book-has-sold-a-million-copies-but-who%E2%80%99s-actually-implementing-his-ideas |language=en-gb |access-date=2019-04-13 |df=mdy-all }}
- {{Cite news |last1=Corkery |first1=Michael |title=Money Talks: A Hedge-Fund King Philosophizes on Truth and Weasels |work=Wall Street Journal |date=2010-06-19 |url=https://www.wsj.com/articles/SB10001424052748704256604575294381732663678 |language=en-US |issn=0099-9660 |df=mdy-all }}
- {{Cite web |last1=Fessler |first1=Leah |title=Bridgewater's Ray Dalio turned his management principles into an animated adventure show |work=Quartz at Work |date=2018-05-17 |url=https://qz.com/work/1279629/bridgewater-ceo-ray-dalio-turned-his-management-principles-into-an-animated-video-series/ |language=en |access-date=2019-04-14 |df=mdy-all }}
- {{Cite web |last1=Johnson |first1=Eric |title=Bridgewater Associates founder Ray Dalio has a 'magical formula' for better decision-making |work=Recode |date=2017-11-06 |url=https://www.recode.net/2017/11/6/16610878/bridgewater-associates-ray-dalio-book-principles-life-work-decision-formula-kara-swisher-podcast |access-date=2019-04-13 |df=mdy-all }}
- {{Cite web |last1=Malkiel |first1=Burton G. |title=Ray Dalio's Principles for Success |work=Barron's |date=2017-11-11 |url=http://www.barrons.com/articles/ray-dalios-principles-for-success-1510374544 |language=en-US |access-date=2019-04-14 |df=mdy-all }}
- {{Cite web |last1=O'Keefe |first1=Brian |title=An Inside Look at What it Was Like to Work at Bridgewater in 2009 |work=Fortune |date=2016-07-28 |url=http://fortune.com/2016/07/28/bridgewater-ray-dailo/ |language=en |access-date=2019-04-13 |df=mdy-all }}
- {{Cite web |last1=Ovide |first1=Shira |title=More on Bridgewater's Ray Dalio, Wall Street's Oddest Duck |work=Wall Street Journal |date=2010-10-22 |url=https://blogs.wsj.com/deals/2010/10/22/more-on-bridgewaters-ray-dalio-wall-streets-oddest-duck/ |language=en-US |access-date=2019-04-13 |df=mdy-all }}
{{Refend}}
External links
- {{cite journal|title=Principle For Success by Ray Dalio (In 30 Minutes)|date=May 21, 2018|publisher=Principles by Ray Dalio|website=YouTube|url=https://www.youtube.com/watch?v=B9XGUpQZY38}}
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Category:2017 non-fiction books