The complete book in an engaging multimedia format
Interactive, real-life case studies which show the principles at work at Ray’s company Bridgewater Associates
A tool for creating your own principles
A collection of Ray’s writings on the economy and investment
A digital “Coach” that helps you learn how to apply principles to your own life
Principles in Action is a multimedia experience based on Ray Dalio’s best-selling book Principles: Life & Work. The app includes:
What was Ray’s vision for the app?
In Ray’s own words, “Principles are like recipes for getting whatever you want out of life. All successful people operate by principles that make them successful. Above all else, I’d like you to have your own principles that work well for you. I’d also like to pass along the principles that worked well for me which I laid out in my book Principles. In thinking about what the best format would be it occurred to me that the best way to deliver a book in a multimedia era is to do it with multimedia in an app. I’m not only going to share the full text of the book, I’m also going to take you into real life interactive case studies, most of which happened in my company Bridgewater. That way you can experience and reflect on the principles in action.”
What is the benefit of having my own Principles?
Principles are fundamental truths that serve as the foundations for behavior that get you what you want out of life. They can be applied again and again in similar situations to help you achieve your goals.
Each day, each of us is faced with a blizzard of situations we must respond to. Without principles, we would be forced to react to all the things life throws at us individually, as if we were experiencing each of them for the first time. If we instead classify these situations into types and have good principles for dealing with them, we will make better decisions more quickly and have better lives as a result. Having a good set of principles is like having a good collection of recipes for success.
While Ray has shared principles he’s found helpful and believes are a foundation for his and Bridgewater’s success, the most important thing is for you to reflect for yourself on what you want out of life and find principles that work well for you to help you get it.