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Investor · Author

Ray Dalio.

Ray Dalio (born 1949) is an American investor who founded Bridgewater Associates, one of the world’s largest hedge funds. He wrote Principles: Life and Work.

Based in
New York City, USA
Born
1949, New York City, USA
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Life and Work

Principles

Ray Dalio

Cover of Principles

Self-improvement · 2017

Principles

Life and Work

Ray Dalio shares the rules he built over a long career as an investor and as founder of Bridgewater Associates. His central idea: write down your principles and run your life and work by them.

Three big ideas

  1. Pain + reflection = progressMistakes hurt, but thinking them through is how you grow.
  2. Embrace realityLook at the facts as they are, not as you wish they were.
  3. Use a five-step processSet clear goals, spot the problems, find their root causes, design a plan and then do it.

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