From Ray Dalio, the legendary investor and international bestselling author of Principles - whose books have sold more than five million copies worldwide - comes a guided reflection journal that empowers readers everywhere to develop their own principles for success in work and life.
'Principles are fundamental truths that serve as the foundations for behaviour that gets you what you want out of life.' Ray Dalio
In his internationalbestseller Principles, legendary investor Ray Dalio introduced millions of readers around the world to the unconventional approach he developed as the founder and builder of Bridgewater Associates, the largest and most successful hedge fund in the world. Dalio attributes his unique success to his process of recording, refining and acting on a set of well-defined principles, which are effectively decision-rules for getting what you want out of life and work. His goal in publishing the book was to show readers the value of principle-based thinking so that they could develop their own principles, aligned with their own values, for getting whatever they wanted out of life.
With this new journal, Dalio takes his goal one step further to help readers reflect on and record their own principles. He does that by providing a series of guided exercises and questions for reflecting on what you’re like, what you value, and what principles will best help you achieve your goals. These exercises draw from key concepts in the original Principles book, including:
1. How to identify your strengths, weaknesses, motivations and preferences 2. How to use the 'five-step process' to achieve your goals 3. How to become both 'assertive and open-minded at the same time' 4. How to maximise your learning from your mistakes (which are inevitable)
All of these exercises can optionally be enhanced using the free Principles in Action iOS and Android app, which provides an even more interactive, multimedia experience, and they are followed by a number of blank journal pages containing thought-provoking and unconventional prompts from Principles aimed at helping you formulate your own principles. The experience concludes with a structured reflection on where you and your loved ones are along life’s journey, leaving you with a highly personalised, practical playbook for achieving success in the years ahead.
Raymond Dalio (born August 8, 1949) is an American investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world's largest hedge funds.
This book contains a set of principles that aim to help readers achieve a successful and fulfilling life. It is more than just a book; it includes several interactive exercises that allow readers to assess themselves, along with blank pages to reflect on and write down their own thoughts.
Personally, I feel that people can broadly be divided into two groups: the self-disciplined and the non-disciplined. I believe the methods presented in this book are more likely to work for the former. If someone is already self-disciplined, they may not need a specific set of principles to succeed in life. On the other hand, if someone lacks self-discipline, simply having a collection of principles in front of them may not be enough, because they are unlikely to follow them consistently.
“If you are too proud of what you know or of how good you are at something, you will learn less, make inferior decisions, and fall short of your potential”
auch wenn es deutlich weniger gehalt hat als das eigentliche principles-buch (wird irgrndwann sicher nochmal gelesen), lohnt sich eine kurze auffrischung. würde man sich dann auch noch die mühe machen und die übungen ernst- und gewissenhaft bearbeiten, hätte man wahrscheinlich noch mehr davon. die app dazu habe ich kurz angeschaut. technisch nahezu perfekt, macht bestimmt spaß, aber ist dann vielleicht auch doch too much. der life arc war am ende überraschend, nie so konkret über das leben in phasen und abschnitten nachgedacht.
I actually bought this book by mistake thinking it was the original principles, but I was happily surprised by how insightful this was for me. It's a book/journal that teaches you how to better understand yourself and what sort of life path you should take depending on your own life principles. I'm normally not one to keep a journal, but this is one I'll definitely keep on my bedstand.
More structured and much shorter than the original book make it more implementable. QR code to the "Princle in action" app brings in the relatable case study is a plus. Like the first book, this is no a one-and-done book and you will have to revisit the concepts regularly.