Principles by Ray Dalio | Book Summary and Review | Free Audiobook

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StoryShots Summary and Review of Principles: Life and Work by Ray Dalio
About Ray Dalio
Ray Dalio is the founder, co-chairman, and co-chief investment officer of Bridgewater Associates. He started Bridgewater out of his two-bedroom apartment in New York in 1975. It is now the world’s largest hedge fund. According to Fortune Magazine, the firm has grown into the US’s fifth most important private company. RayDalio’s net worth is currently just under 17 billion dollars. He also holds a Bachelor of Science degree in finance from CW Post College and an MBA from Harvard Business School.
Introduction
Ray Dalio overcame an economic abyss to become one of the wealthiest men in America. In Principles, he shares the secrets to his success. The key to developing your principles is becoming a hyper-realist. Becoming a hyper-realist will allow you to view failures as learning opportunities rather than personal attacks. Principles recommends you consider your mistakes as minuscule compared to the machine that is the world. Then, you will stop using mistakes as excuses for giving up on your goals. 
StoryShot #1: Embrace the Call to Adventure
“The happiest people discover their own nature and match their life to it.” – Ray Dalio
StoryShot #2: Embrace Reality and Deal with It
StoryShot #3: Truth Is the Essential Foundation for Good Outcomes
StoryShot #4: Identify Your Successful Life
StoryShot #5: Follow the Five-Step Process
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Learn on your terms. Get the PDF, infographic, extended ad-free audiobook and animated version of this summary of Principles and more exclusive content on the top-rated StoryShots app: https://www.getstoryshots.com

⭐️⭐️⭐️⭐️⭐️ Don't forget to subscribe, rate and review the StoryShots podcast now to help us grow and create more amazing content for you. Once you're done, contact our support with a link to your review for the chance to win six months of free premium access!

What should our next book be? Comment on Spotify/iTunes or vote it up on the StoryShots app.

Interested in sponsorship? Contact [email protected].

Life gets busy. Has Principles been on your reading list? Learn the key insights now.We’re scratching the surface here.

If you don’t already have Ray Dalio’s popular book sharing his principles for a happy and successful life, order it here or get the audiobook for free to learn the juicy details.

Disclaimer: This is an unofficial summary and analysis. It is not affiliated with, authorized, approved, licensed, or endorsed by the subject book’s author or publisher. The content may contain errors and should not be considered a replacement for consulting a professional.

StoryShots is an educational service that stands politically neutral. We do not necessarily support the ideas in our content. However, we support freedom of speech and encourage our readers to keep an open mind.

We use affiliate links (e.g., to Amazon) inside our apps and on our content. If you make a purchase using one of these links, we may earn a small commission. These commissions help support our development. By continuing, you agree to all the above.

StoryShots Summary and Review of Principles: Life and Work by Ray DalioAbout Ray Dalio

Ray Dalio is the founder, co-chairman, and co-chief investment officer of Bridgewater Associates. He started Bridgewater out of his two-bedroom apartment in New York in 1975. It is now the world’s largest hedge fund. According to Fortune Magazine, the firm has grown into the US’s fifth most important private company. RayDalio’s net worth is currently just under 17 billion dollars. He also holds a Bachelor of Science degree in finance from CW Post College and an MBA from Harvard Business School.

Introduction

Ray Dalio overcame an economic abyss to become one of the wealthiest men in America. In Principles, he shares the secrets to his success. The key to developing your principles is becoming a hyper-realist. Becoming a hyper-realist will allow you to view failures as learning opportunities rather than personal attacks. Principles recommends you consider your mistakes as minuscule compared to the machine that is the world. Then, you will stop using mistakes as excuses for giving up on your goals. 

StoryShot #1: Embrace the Call to Adventure

“The happiest people discover their own nature and match their life to it.” – Ray Dalio

StoryShot #2: Embrace Reality and Deal with ItStoryShot #3: Truth Is the Essential Foundation for Good OutcomesStoryShot #4: Identify Your Successful LifeStoryShot #5: Follow the Five-Step Process

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