Anyone reading Ray Dalio's new book, Principles?
- Thread starter 777
- Start date
NO
Dalio originally published this online a few years back then a year ago removed it because why not sell books? But if you want a little taste:
https://benperove.com/wp-content/uploads/2014/12/principles.pdf
https://benperove.com/wp-content/uploads/2014/12/principles.pdf
yep, i have read it years back
not bad, but surely has nothing to do with trading
saying that, i actually think that Dalio is one of the few on the WS who knows what he is doing
Good find! However, having read both, I must say:
They are nowhere close to the same book
The new book is a summary of his life's learning, his views on life and money, practical advice, as well as his life's story and adventures.
This is a major work as well as an expanded and updated explanation of his principles, which he urges the reader no to blindly accept.
.
Not nearly the same book, though explaing his principles is a common theme between the two.
The earlier publication was based primarily on internal communication to his hedgefund employees about his overarching ideas, that had already been leaked.
Anyway.. no skin off of my nose if no poster buys the book. However, I assure you that many of Wall Street's top minds will eagerly read Dalio's crowning work- for many reasons.
Not nearly the same book, though explaing his principles is a common theme between the two.
The earlier publication was based primarily on internal communication to his hedgefund employees about his overarching ideas, that had already been leaked.
Anyway.. no skin off of my nose if no poster buys the book. However, I assure you that many of Wall Street's top minds will eagerly read Dalio's crowning work- for many reasons.
Last edited:
some of us buy
some of us borrow from the library
since I am a short seller, I borrow it
Books are overrated; you're better off watching the movie Trading Places 1983,
Books are like art...it's a rather highly personal subjective interpretation -- and how you absorb it and apply it is a whole other world,
Even Price Drivers and How to Beat the Machines have some value in it, if you read it with an open mind...and search every corner hard enough,
The lack of inherent, obvious wisdom...is wisdom in of itself,
Last edited:
I was pleased to read that he credits Transcendental Meditation as a positive factor in his life. It was, and has been, for me as well.