New Releases by Ray Dalio

#1 NEW YORK TIMES BESTSELLER * 5 MILLION COPIES SOLD “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.

Ray Dalio, passou meio século a estudar economias, impérios e mercados globais. Nesta obra, Princípios para Lidar com a Nova Ordem Mundial, ele examina os períodos económicos e políticos mais turbulentos da História para revelar porque é que os próximos tempos serão radicalmente diferentes do que temos experienciado nas nossas vidas — mas semelhantes ao que já aconteceu muitas vezes antes. Há alguns anos, Ray Dalio observou uma confluência de condições políticas e económicas com que nunca se tinha deparado. Entre elas, enormes endividamentos, e taxas de juros zero ou quase zero, que levaram à impressão massiva de dinheiro nas três principais moedas de reserva do mundo. A isto, somam-se grandes conflitos políticos e sociais internos nos maiores países, especialmente os E.U.A., devido às maiores divergências ao nível de riqueza, da política e dos valores ao longo de mais de 100 anos. E por fim, o crescimento de uma potência mundial (China) desafiando a potência mundial existente (E.U.A.) e a ordem mundial existente. A última vez que esta confluência de fatores ocorreu, foi entre 1930 e 1945. Essa constatação levou Ray Dalio a uma busca por padrões repetidos e relações de causa/efeito subjacentes a todas as grandes mudanças na riqueza e no poder nos últimos 500 anos. Numa adição notável e oportuna à sua série Princípios, Dalio leva-nos ao seu estudo dos principais impérios — incluindo o holandês, o britânico e o americano — colocando em perspetiva o “Grande Ciclo” que impulsionou os sucessos e fracassos dos principais países do mundo ao longo da História. Ele revela as forças intemporais e universais por trás dessas mudanças e usa-as para olhar para o futuro, partilhando princípios práticos para nos prepararmos para o que nos espera.

रे डेलियो जीवन और कार्य के उन अपरंपरागत सिद्धांतों को साझा करते हैं जिनसे यह साधारण मिडिल- क्लास लड़का हमारे समय के सर्वाधिक सफल लोगों में बदल गया - और जिनका इस्तेमाल कोई भी अपना लक्ष्य हासिल करने के लिए कर सकता है। डेलियो ने ऐसे विशिष्ट सिद्धांतों का पता लगाया जिन्हें वे उनकी सफलता का कारण मानते हैं, और उन्होंने इन्हें इस पुस्तक में साझा किया है। प्रिंसिपल्स नवीन विचारों से पूर्ण है, और यह फैसला लेने के लिए एक स्पष्ट व सीधा दृष्टिकोण बताती है - जिसमें डेलियो की नवीन प्रक्रिया "भरोसे को अहमियत देना" शामिल है। इसे कोई भी लागू कर सकता है, चाहे वे जो भी हासिल करना चाहते हों। यह पुस्तक "एक विचार योग्यता के निर्माण के लिए खाका प्रदान करती है, जो वास्तविक सत्य और पारदर्शिता के जरिए सार्थक कार्य तथा सार्थक संबंधों के लिए प्रयासरत है।" यह ब्रिजवॉटर की सफलता का एक कारण है। यहाँ सीआईओ मैगज़ीन द्वारा "स्टीव जॉब्स ऑफ़ इन्वेस्टिंग" कहे जाने वाले व्यक्ति से, पारंपरिक बिज़नेस से अलग होकर सलाह पाने का एक दुर्लभ अवसर है।