#1 New York Times Bestseller Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles he has developed, refined, and used over four decades to create extraordinary results in both life and business. These principles can be adopted by anyone or any organization to help achieve their goals. In 1975, Dalio founded Bridgewater Associates from his two-bedroom apartment in New York City. Forty years later, Bridgewater has earned more money for its clients than any other hedge fund in history, becoming one of the most significant private companies in the U.S. Dalio himself was named one of Time magazine’s 100 most influential people in the world. Throughout his career, Dalio discovered a set of unique principles that fostered Bridgewater’s highly effective culture, described as an "idea meritocracy" that promotes meaningful work and relationships through radical transparency. These principles, rather than any extraordinary talent or privilege, are what Dalio credits for his success. In his book Principles, Dalio shares the insights he has gained over his remarkable career, systematizing life, management, economics, and investing into a set of rules that can be understood like machines. The book is filled with practical lessons centered around "radical truth" and "radical transparency," offering guidance on decision-making, approaching challenges, and building strong teams. Dalio also introduces innovative tools like "baseball cards" for employees, which distill their strengths and weaknesses, and computerized systems that make decisions based on believability-weighted judgments. Principles not only offers a wealth of ideas for organizations but also provides a clear, straightforward approach to decision-making that anyone can apply in their personal or professional life. For those looking to gain proven, unconventional advice from someone called the "Steve Jobs of investing" and the "philosopher king of the financial universe" (CIO magazine), this book is a must-read.