The Resource Principles : life and work, Ray Dalio

Principles : life and work, Ray Dalio

Label
Principles : life and work
Title
Principles
Title remainder
life and work
Statement of responsibility
Ray Dalio
Creator
Author
Subject
Language
eng
Summary
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 and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to 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. In Principles, Dalio shares what he?s 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. The book?s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” 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
Biography type
contains biographical information
Cataloging source
DLC
Dewey number
650.1
Illustrations
illustrations
Index
index present
Literary form
non fiction
Target audience
adult
Principles : life and work, Ray Dalio
Label
Principles : life and work, Ray Dalio
Publication
Note
Includes index
Related Contributor
Related Location
Related Agents
Related Authorities
Related Subjects
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Part I. Where I'm coming from -- My all to adventure: 1949-1967 -- Crossing the threshold: 1967-1979 -- My abyss: 1979-1982 -- My road of trials: 1983-1994 -- The ultimate boon: 1995-2010 -- Returning the boon: 2011-2015 -- My last year and my greatest challenge: 2016-2017 -- Looking back from a higher level -- Part II. Life principles -- Embrace reality and deal with it -- Use the 5-step process to get what you want out of life -- Be radically open-minded -- Understand that people are wired very differently -- Learn how to make decisions effectively -- Life principles: putting it all together -- Summary and table of life principles -- Part III. Work principles -- Summary and table of work principles -- To get the culture right... -- Trust in radical truth and radical transparency -- Cultivate meaningful work and meaningful relationships -- Create a culture in which it is okay to make mistakes and unacceptable not to learn from them -- Get and stay in sync -- Believability weight your decision making -- Recognize how to get beyond disagreements -- To get the people right... -- Remember that the WHO is more important than the WHAT -- Hire right, because the penalties for hiring wrong are huge -- Constantly train, test, evaluate, and sort people -- To build an evolve your machine... -- Manage as someone operating a machine to achieve a goal -- Perceive and don't tolerate problems -- Diagnose problems to get at their roots -- Design improvements to your machine to get around your problems -- Do what you set out to do -- Use tools and protocols to shape how work is done -- And for heaven's sake, don't overlook governance! -- Work principles: putting it all together -- Conclusion -- Appendix: Tools and protocols for Bridgewater's idea meritocracy
http://library.link/vocab/cover_art
https://secure.syndetics.com/index.aspx?isbn=9781501124020/LC.GIF&client=mvsal&upc=&oclc={systemControlNumber
Dimensions
24 cm
http://library.link/vocab/discovery_link
{'Amsterdam Free Library': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677', 'Niskayuna Branch - Schenectady County Public Libra': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677', 'Saratoga Springs Public Library': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677', 'Rotterdam Branch - Schenectady County Public Libra': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677', 'Crandall Public Library (Glens Falls)': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677', 'Glenville Branch - Schenectady County Public Libra': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677', 'Clifton Park-Halfmoon Public Library': 'http://pac.sals.edu/polaris/view.aspx?cn=1330677'}
Extent
xviii, 567 pages
Isbn
9781501124020
Isbn Type
(hardcover)
Lccn
2017035759
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
Note
SALBT
Other physical details
illustrations
System control number
  • (SKY)sky289405986
  • 1328698

Library Locations

    • Saratoga Springs Public LibraryBorrow it
      49 Henry Street, Saratoga Springs, NY, 12866-3271, US
      43.081133 -73.783407
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