2021年8月17日火曜日

Principles: Life and Work

Principles: Life and Work
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Review

Amazing Value Content
Reviewed in Japan on May 19, 2020

This book was amazing, especially the sections on managing a team and how utilizing an idea-meritocracy is used to turn a visualization into a reality. I was recommended this book off handedly by Sam Ovens and can draw from it how he implements the books inner workings and also the need for me as an entrepreneur and musician to implement systems into my business. Thanks Ray, awesome material and big brain energy 100% worth the read

Amazing Value Content
Reviewed in Japan on May 19, 2020

This book was amazing, especially the sections on managing a team and how utilizing an idea-meritocracy is used to turn a visualization into a reality. I was recommended this book off handedly by Sam Ovens and can draw from it how he implements the books inner workings and also the need for me as an entrepreneur and musician to implement systems into my business. Thanks Ray, awesome material and big brain energy 100% worth the read

Great book for improving decision making.
Reviewed in Japan on January 11, 2021

Great book.

Great book for improving decision making.
Reviewed in Japan on January 11, 2021

Great book.

N/A
Reviewed in the United Kingdom on April 17, 2019

The book, physically, is very nicely bound and produced. It's print is lovely, black and red ink, and is organised into three parts. It's essentially a huge bullet-pointed document with one or two paragraphs under each sub-point. There are black and red ribbons to mark pages, which I've always liked in books.It's an unusual book. I find myself swinging between enjoying Ray's wisdom and feeling like I need to take it all with a huge pinch of salt because of the massive amount of survivorship, hindsight and outcome bias in play.The book is also a contradiction, since it is largely about open-minded and different points of view and yet its entirely Ray's unchallenged points of view. I'm a software engineer and I remember once reading a programming principles book where maybe five programmers all chimed in with their own opinions and challenges on the assertions in the book, which was really cool.Maybe another billionaire will say there's a case for close-mindedness, focus and shutting out opinion that will lead to analysis paralysis. Maybe there are books by leading psychologists that have devoted years to a topic that would be better to read, such as Thinking Fast and Slow. For older or more voracious or aspirational business, management or "self improvement" book readers, much of Ray's thinking will simply rhyme with what you may already believe.It's probably wishful thinking to expect by reading a huge list of advice you'll magically be reprogrammed and have established a set of good thought patterns, esp. if you're trying to improve in isolation; you're not surrounded by people mirroring and modelling good practice. Though I rarely found myself disagreeing with anything Ray writes. There's a lot in the book to take in and I don't know how much will stick.The biggest thing for me, and I say this as a "fan" of Ray, is that I struggle with the reviews of his company on Glassdoor and the _reality_ of people working under his principles vs. other companies that highly-successful while having much higher ratings and are anecdotally nicer places to work, such as Salesforce.When other companies can achieve so much and foster happy, purposeful, creative and fulfilled people by taking a different approach, you have to ask whether his principles have really led to better lives, better outcomes for his employees or whether Ray conflates how well he's done with achieving his life goals with how well everyone else is doing?

N/A
Reviewed in the United Kingdom on April 17, 2019

The book, physically, is very nicely bound and produced. It's print is lovely, black and red ink, and is organised into three parts. It's essentially a huge bullet-pointed document with one or two paragraphs under each sub-point. There are black and red ribbons to mark pages, which I've always liked in books.It's an unusual book. I find myself swinging between enjoying Ray's wisdom and feeling like I need to take it all with a huge pinch of salt because of the massive amount of survivorship, hindsight and outcome bias in play.The book is also a contradiction, since it is largely about open-minded and different points of view and yet its entirely Ray's unchallenged points of view. I'm a software engineer and I remember once reading a programming principles book where maybe five programmers all chimed in with their own opinions and challenges on the assertions in the book, which was really cool.Maybe another billionaire will say there's a case for close-mindedness, focus and shutting out opinion that will lead to analysis paralysis. Maybe there are books by leading psychologists that have devoted years to a topic that would be better to read, such as Thinking Fast and Slow. For older or more voracious or aspirational business, management or "self improvement" book readers, much of Ray's thinking will simply rhyme with what you may already believe.It's probably wishful thinking to expect by reading a huge list of advice you'll magically be reprogrammed and have established a set of good thought patterns, esp. if you're trying to improve in isolation; you're not surrounded by people mirroring and modelling good practice. Though I rarely found myself disagreeing with anything Ray writes. There's a lot in the book to take in and I don't know how much will stick.The biggest thing for me, and I say this as a "fan" of Ray, is that I struggle with the reviews of his company on Glassdoor and the _reality_ of people working under his principles vs. other companies that highly-successful while having much higher ratings and are anecdotally nicer places to work, such as Salesforce.When other companies can achieve so much and foster happy, purposeful, creative and fulfilled people by taking a different approach, you have to ask whether his principles have really led to better lives, better outcomes for his employees or whether Ray conflates how well he's done with achieving his life goals with how well everyone else is doing?

N/A
Reviewed in India on August 11, 2018

- This is NOT a book. It is a divine manifesto. This is the Gita part 2 for me. If you have a 'lifetime' fav book, then it's time to replace Fountainhead or Atlas Shrugged with this one.- I've been a huge fan of Ray for years, but this book details WHY he is so successful.- The ability to separate results from causes & peek in between the gaps is the specialty of the book.- Personally, what I love is the reinforcement of the principles of 'radical transparency & idea meritocracy' that are the solid pillars of this book.- The truthfulness; the bare-knuckle punches that extoll the reader to be honest, truthful & REAL are the parts that make this book glow.- The chapters that deal with people management with the focus to be empathetic yet demanding are special. Rarely do you come across a leader of such gravity writing about HOW to handle people- I love the no-nonsense, 'non-negotiable' principles laid down in the book.- The real encounters, cases studies & insights Ray shares are priceless.THIS IS NOT A BOOK for folks who operate a Political, Bossy, "I am right" styled operation. This is a book that can turn you first into pixy dust & then into God.Ratings : 100/10

N/A
Reviewed in India on August 11, 2018

- This is NOT a book. It is a divine manifesto. This is the Gita part 2 for me. If you have a 'lifetime' fav book, then it's time to replace Fountainhead or Atlas Shrugged with this one.- I've been a huge fan of Ray for years, but this book details WHY he is so successful.- The ability to separate results from causes & peek in between the gaps is the specialty of the book.- Personally, what I love is the reinforcement of the principles of 'radical transparency & idea meritocracy' that are the solid pillars of this book.- The truthfulness; the bare-knuckle punches that extoll the reader to be honest, truthful & REAL are the parts that make this book glow.- The chapters that deal with people management with the focus to be empathetic yet demanding are special. Rarely do you come across a leader of such gravity writing about HOW to handle people- I love the no-nonsense, 'non-negotiable' principles laid down in the book.- The real encounters, cases studies & insights Ray shares are priceless.THIS IS NOT A BOOK for folks who operate a Political, Bossy, "I am right" styled operation. This is a book that can turn you first into pixy dust & then into God.Ratings : 100/10

N/A
Reviewed in the United States on August 21, 2018

I know that many people love this book but I just could not find any value in it. I'm not the kind of person who will put down a book that I don't like. So I stuck it out and read the whole thing in hopes of finding value. The author has led a very impressive life and has made a boatload of money in his business. To me this book was more about the author explaining his success than it was about how I might achieve some additional success. Yes if I was a billionaire it would be easy to measure everything and surround myself with brilliant people. Unfortunately, the vast majority of people who read this book will not be able to put the methods in practice, primarily because they find themselves at the receiving end of these techniques.

N/A
Reviewed in the United States on August 21, 2018

I know that many people love this book but I just could not find any value in it. I'm not the kind of person who will put down a book that I don't like. So I stuck it out and read the whole thing in hopes of finding value. The author has led a very impressive life and has made a boatload of money in his business. To me this book was more about the author explaining his success than it was about how I might achieve some additional success. Yes if I was a billionaire it would be easy to measure everything and surround myself with brilliant people. Unfortunately, the vast majority of people who read this book will not be able to put the methods in practice, primarily because they find themselves at the receiving end of these techniques.

N/A
Reviewed in the United Kingdom on March 8, 2020

After reading the book I am left feeling that Ray is a brilliant business man, just like Jobs and other visionaries, but also, just like Jobs, Ray is a very dangerous person because he doesn't understand how relationships work. In essence, he tries to put on an ethical mask by saying that relationships are important to him, but in reality he is an excellent manipulator. He comes up with strategies and have spent countless hours to figure out people, not because he loves them, wants to help them, but because he was fed up with people and wanted to understand the "social code".I think he does a great job at business, but really he should delete all the chapters about life principles and let people who are better than him at these topics lead the way. I expected a business oriented book, but in the end it felt like his redemtion story that he needed to write so all the people he hurt can understand why he hurt them and how it was their fault.Ray reminds me of Gordon Geko in the new Wall Street film where he says he cares about family, but then has no awarness how to actually do it.

N/A
Reviewed in the United Kingdom on March 8, 2020

After reading the book I am left feeling that Ray is a brilliant business man, just like Jobs and other visionaries, but also, just like Jobs, Ray is a very dangerous person because he doesn't understand how relationships work. In essence, he tries to put on an ethical mask by saying that relationships are important to him, but in reality he is an excellent manipulator. He comes up with strategies and have spent countless hours to figure out people, not because he loves them, wants to help them, but because he was fed up with people and wanted to understand the "social code".I think he does a great job at business, but really he should delete all the chapters about life principles and let people who are better than him at these topics lead the way. I expected a business oriented book, but in the end it felt like his redemtion story that he needed to write so all the people he hurt can understand why he hurt them and how it was their fault.Ray reminds me of Gordon Geko in the new Wall Street film where he says he cares about family, but then has no awarness how to actually do it.

N/A
Reviewed in France on January 10, 2018

J'ai découvert la version PDF gratuite de Principles en 2011. A l'époque, Ray Dalio n'avait pas encore étoffé ce texte, et rajouté une mini-bio, ce qui a donné la version 2017 que j'ai aussi lue et dont je donne un avis ici.Je suis tombé sur ce livre par hasard. J'avais lu dans une article de journal qu'une société du nom de "Bridgewater Associates" allait construire un siège social d'une valeur de 750 millions de dollars aux US. J'étais étonné de ne pas connaître cette société, car je m'intéresse de près à l'économie. Après recherches, j'appris que cette société était en fait le plus grand hedge-fund du monde, et que son fondateur, un homme d'une soixantaine d'années issu de la classe moyenne américaine, avait écrit un fascicule pour expliquer quels étaient les secrets de la réussite de son organisation selon lui. C'était la première version de Principles sortie gratuitement en 2011 en PDF.Ce livre a changé ma vie car il donne des règles simples pour gérer efficacement à la fois sa vie professionnelle et sa vie personnelle. La thèse principale de l'auteur est que l'obstacle majeur de nos vies est de ne pas arriver à voir la réalité (par peur, ego, etc...) et que, si on fait l'effort de ne pas se la masquer même si elle fait parfois mal, et que partant de cette réalité on construit des raisonnements en se demandant toujours "est-ce vrai ?", alors rien n'est irréalisable. Bien sûr, je schématise à outrance, mais je vous recommande chaudement de lire ce livre car peut-être qu'il changera votre vie comme il a changé la mienne.Points forts- conseils simples et de bon sens qui peuvent changer votre vie professionnelles et personnelle- crédibilité de l'auteurPoint faible- commencez par trouver le PDF gratuit de 2011 qui est l'essence du livre de 2017

N/A
Reviewed in France on January 10, 2018

J'ai découvert la version PDF gratuite de Principles en 2011. A l'époque, Ray Dalio n'avait pas encore étoffé ce texte, et rajouté une mini-bio, ce qui a donné la version 2017 que j'ai aussi lue et dont je donne un avis ici.Je suis tombé sur ce livre par hasard. J'avais lu dans une article de journal qu'une société du nom de "Bridgewater Associates" allait construire un siège social d'une valeur de 750 millions de dollars aux US. J'étais étonné de ne pas connaître cette société, car je m'intéresse de près à l'économie. Après recherches, j'appris que cette société était en fait le plus grand hedge-fund du monde, et que son fondateur, un homme d'une soixantaine d'années issu de la classe moyenne américaine, avait écrit un fascicule pour expliquer quels étaient les secrets de la réussite de son organisation selon lui. C'était la première version de Principles sortie gratuitement en 2011 en PDF.Ce livre a changé ma vie car il donne des règles simples pour gérer efficacement à la fois sa vie professionnelle et sa vie personnelle. La thèse principale de l'auteur est que l'obstacle majeur de nos vies est de ne pas arriver à voir la réalité (par peur, ego, etc...) et que, si on fait l'effort de ne pas se la masquer même si elle fait parfois mal, et que partant de cette réalité on construit des raisonnements en se demandant toujours "est-ce vrai ?", alors rien n'est irréalisable. Bien sûr, je schématise à outrance, mais je vous recommande chaudement de lire ce livre car peut-être qu'il changera votre vie comme il a changé la mienne.Points forts- conseils simples et de bon sens qui peuvent changer votre vie professionnelles et personnelle- crédibilité de l'auteurPoint faible- commencez par trouver le PDF gratuit de 2011 qui est l'essence du livre de 2017

N/A
Reviewed in the United Kingdom on December 12, 2018

The book is very inspiring in terms of establishing guiding principles in life and work. Unfortunately I think Ray and many readers think that the principles are valid for everyone as they are. Ray Dalio and his hedge fund is in a very unique position in terms of decision making process, recruitment and how they work. This is definitely not applicable for everyone. Use the book as inspiration to create your own principles from scratch but don't use his as a starting point.

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