I don’t read many business books, unless I have to, and I sometimes have to, so it is rare that I seek one out on my own. Such was the case with Principles: Life and Work by Ray Dalio which came highly recommended by a trusted friend. First, it is great to hear firsthand from a person like Mr. Dalio who has been such a success in business about how it all happened. Second, to read about his successes framed by his core principles allows us to imagine how we can be successful by applying our own core principles in work and in life.

About Principles: Life and Work by Ray Dalio:

“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,’ 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.”

Although Mr. Dalio’s principles are not exactly the most original in the world, the way he frames them and his unquestionable success following them, make you take notice.

Principles: Life and Work by Ray Dalio is available from Amazon and other fine booksellers.