Billionaire Ray Dalio is the founder of Bridgewater, the biggest Hedge Fund in the world.
This book is a collection of all the principles Ray Dalio uses for decision making, in business and in life.
He first wrote “Principles” as a guide for his company’s employees. Now he has published them for the public.
Dalio believes in order to see reality as it truly is, we must be radically openminded, and radically transparent. Our egos and blind spots prevents us from seeing reality, so we need other people to help us.
“Whatever success I’ve had in life has had more to do with my knowing how to deal with my not knowing than anything I know. The most important thing I learned is an approach to life based on principles that helps me find out what’s true and what to do about it.”
Below are my notes: