Ray Dalio, famed American billionaire investor and hedge fund manager, shares his unique approach to life and management. His unconventional approach has led him to believe that life and business can be synthesized into rules and understood like machines. Dalio lays out his book through practical lessons that help organizations make decisions, approach challenges, and build solid teams. Gain an inside scoop from an all time business tycoon in his best selling book.
Key takeaway: One core principle that Dalio preaches is being open minded. Those who are open minded are able to explore possibilities that others came up with. Change your mindset from being “right” to finding out what is “true”.
Quote of the book: “Look for people who have lots of great questions. Smart people are the ones who ask the most thoughtful questions, as opposed to thinking they have all the answers. Great questions are a much better indicator of future success than great answers.”
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