Principles by Ray Dalio

This book offers a deep dive into the core principles that the author, a successful investor and entrepreneur, has developed over his career to create unique results in both life and business. It is divided into two parts: the first explores the importance of having a clear set of principles to guide decision-making processes, while the second part focuses on the practical application of these principles in the realms of economics, investing, and management. The author emphasizes the value of radical transparency and open-mindedness as key strategies for achieving success. Through sharing his personal journey and the lessons he has learned, the book aims to provide readers with a framework for making better decisions, understanding and managing risks, and achieving their goals.

The 9835th greatest book of all time

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Total Points: 69

Since this book was first published in 2017, there is a penalty of 68.8%. The age adjusted score is 21.53.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.