NEW YORK TIMES BESTSELLER 5 MILLION COPIES SOLDampldquoSignificant...The book is both instructive and surprisingly moving.amprdquo The New York TimesRay Dalio one of the worldamprsquos most successful investors and entrepreneurs shares the unconventional principles that heamprsquos developed refined and used over the past forty years to create unique results in both life and businessamp8212and 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 twobedroom 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 magazineamprsquos list of the 100 most influential people in the world. Along the way Dalio discovered a set of unique principles that have led to Bridgewateramprsquos exceptionally effective culture which he describes as ampldquoan idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.amprdquo It is these principles and not anything special about Dalioamp8212who grew up an ordinary kid in a middleclass Long Island neighborhoodamp8212that he believes are the reason behind his success. In Principles Dalio shares what heamprsquos 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 bookamprsquos hundreds of practical lessons which are built around his cornerstones of ampldquoradical truthamprdquo and ampldquoradical transparencyamprdquo 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