Summary of Ray Dalio's book: Principles: Life and Work

Do you want to put your life and your business on the road to success? Then learn from one of the most successful people in the world!

Multi-billionaire Ray Dalio is one of the 100 most influential people in the world, according to Time Magazine. His fortune is estimated at $18.4 billion, according to the 2019 Forbes list.

In the book "Principles: Life and Work", Ray Dalio shares his secrets of success that have made him one of the most successful businessmen in this world. The founder of the world's largest U.S. hedge fund, Bridgewater Associates, shows how solid core principles immensely simplify decision-making and eliminate doubt, no matter what situation you find yourself in. After all, we have to make decisions of all kinds every day. His principles can be applied by anyone in their lives. They are based on his lifetime of experience and provide valuable tools to navigate analytically and successfully, even in turbulent and chaotic times, with confidence, whether it is one's own life or one's business.

This summary is intended to bring a valuable non-fiction book closer. It allows you to get a profound overview or quickly recap the original book to complement your own reading experience. It concentrates the key messages, the main ideas, viewpoints and arguments from the book "Principles: Life and Work", supplemented with a review.

In the process, you will learn, among other things,
how important goals and big dreams are in life,which principles determine the success of companieswhy you should look at a company like a kind of machine, andwhat to consider when building a business