Friday, November 22, 2019

BOOK BRIEF: Deep Diving into Principles

Principles by Ray Dalio (Simon & Schuster, 2017) 593 pages

Why would anyone who is not an entrepreneur or business analyst want to read Ray Dalio's book, which is one-third an  autobiography of a billionaire and two-thirds a how-to of the mind? The answer is in its applicability to most issues confronting us, from dealing with one's own emotions to contending with difficult coworkers or clients, from responding to tough questions about business forecasts to addressing universal concerns that challenge our everyday life. 

Even Dalio himself suggests in the opener to jump right into parts two (life principles) and three (work principles), skipping part one if you'd prefer to bypass how he came to embody the principles. The principles themselves are refreshingly philosophical and organic, not what one would expect from a bottom-line driven businessman. The truth is Dalio is more than that. He realizes that life is a process of planning, failure, learning, recovery, and continuous change. Anyone wanting to get a unique, well-packaged thesis on how to approach daily challenges of any type would do well to read Principles.