Radical open-mindedness (know and accept reality and your limits).Perfect meritocracy is the best system for decision-making.Work Principles: Putting It All Together.#13: Design Your Machine to Get Around Your Problems.Diagnose Problems to Get at Their Root Cause Manage as Operating a Goal-Achieving Machine Constantly Train, Test, Evaluate and Sort People Remember: WHO is More Important than WHAT Cultivate Meaningful Work and Relationships Trust Radical Truth and Radical Transparency Life Principles: Putting It All Together.If you haven’t purchased the original work, we encourage you to do so first.

It does not contain any text of the original work. Thought-provoking discussion questions for a deeper examinationĬreative exercises to foster alternate “if this was you” discussionsĭisclaimer: This is a companion guide based on the work Principles: Life and Work by Ray Dalio and is not affiliated to the original work or author in any way. Overall plot synopsis and author biography

Be prepared to lead with the following:ĭiscussion aid which includes a wealth of prompts and information In this comprehensive look into Principles: Life and Work by Ray Dalio, you'll gain insight with this essential resource as a guide to aid your discussions. Dalio believes anyone can apply these principles no matter what they are seeking to achieve. Principles offer a clear and straightforward approach to decision-making. The book Principles: Life and Work is brimming with novel ideas for institutions and organizations. They also employ computerized decision-making systems to formulate believability-weighted decisions. This includes creating 'baseball cards' for all employees so that they can distill their strengths and weaknesses. Dalio also describes the innovative tools that his firm uses in order to bring an idea meritocracy to life.

These lessons are built around the cornerstones of “radical truth” and “radical transparency.” Dalio lays out the most effective ways not only for individuals but also organizations to make decisions, build strong teams and approach challenges. He has included hundreds of practical lessons in the book. Dalio argues that life, management, investing and economics can all be systemized into rules and can be understood like machines. In this book, Ray Dalio shares the lessons he has learned over the course of his remarkable career as an investor and entrepreneur. Ray Dalio’s book Principles: Life and Work is a #1 New York Times bestselling book.

Ray dalio principles summary