![]() First edition | |
Author | Ray Dalio |
---|---|
Publisher | Simon & Schuster |
Publication date | September 19, 2017 |
Media type | Print (Hardcover) |
Pages | 592 |
ISBN | 1501124021 |
OCLC | 978287244 |
Principles: Life & Work is a 2017 book by hedge fund manager Ray Dalio based on principles he had developed while leading Bridgewater Associates. These Principles for Success were also made available as an ultra mini-series adventure by the author. [1] According to The New York Times, staff at Bridgewater were involved in the writing of the book. [2]
The book was on the The New York Times Best Seller List [3] and was the top business book of 2017 on Amazon. [4]
After receiving a frank memo from his top lieutenants in 1993 concerning his interpersonal performance as a manager, Bridgewater Associates' Ray Dalio began to develop a unique company culture based on principles and unadorned feedback. He originally published a shorter version of Principles online in 2011, where it received over three million downloads. It was officially released as Principles: Life & Work on September 19, 2017, [5] by Simon & Schuster. [6]
Bryant Park is a 9.6-acre (39,000 m2), privately managed public park in the New York City borough of Manhattan. It is located between Fifth Avenue and Avenue of the Americas and between 40th and 42nd Streets in Midtown Manhattan. The eastern half of Bryant Park is occupied by the Main Branch of the New York Public Library. The western half contains a lawn, shaded walkways, and amenities such as a carousel, and is located entirely over an underground structure that houses the library's stacks. The park hosts several events, including a seasonal "Winter Village" with an ice rink and shops during the winter.
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City. It was one of the five largest investment banking enterprises in the United States and a very profitable firm on Wall Street during the 1980s and 1990s. Its CEO and chairman at that time, John Gutfreund, was nicknamed "the King of Wall Street".
Steven A. Cohen is an American hedge-fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning just over 97% of the team. He is the founder of hedge fund Point72 Asset Management and S.A.C. Capital Advisors, which closed after pleading guilty to insider trading and other financial crimes.
Ronald G. Insana is an American finance reporter, author and former hedge fund manager. He presents the Market Score Board Report with Ron Insana radio show, syndicated by Compass, and is a senior analyst and commentator at CNBC. Insana was the Managing Director of Insana Capital Partners from inception to dissolution. He was the anchor of CNBC's Street Signs, which aired on weekdays during stock market hours. Until December 5, 2003, he and Sue Herera co-anchored CNBC's then flagship nightly financial news program, Business Center.
Bridgewater Associates, LP is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks. As of 2022, Bridgewater has posted the second highest gains of any hedge fund since its inception in 1975. The firm began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996.
Citadel LLC is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin, it has more than $63 billion in assets under management as of June 2024. The company has over 2,800 employees, with corporate headquarters in Miami, Florida, and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm. As of December 2022, Citadel is one of the most profitable hedge funds in the world, posting $74 billion in net gains since its inception in 1990, making it the most successful hedge fund in history, according to CNBC.
The Lipstick Building, also known as 885 Third Avenue and 53rd at Third, is a 453-foot-tall (138 m) office building at Third Avenue between 53rd Street and 54th Street in the Midtown Manhattan neighborhood of New York City. It was completed in 1986 and has 34 floors. The building was designed by John Burgee and Philip Johnson for Hines Interests and was developer Gerald D. Hines's first project in New York City. The building's nickname is derived from its shape and color, which resembles a tube of lipstick.
Herricks High School is a four-year comprehensive public high school with 1450 students accredited by the New York State Board of Regents and the Middle States Association. The school is located in Searingtown, New York, 20 miles east of Manhattan. Dr. Tony Sinanis is the superintendent of Herricks Union Free School District. He succeeded Dr. Fino Celano after the 2021-2022 school year. This school was involved in one of the major Supreme Court rulings affecting prayer in public schools in 1959. This school also received the National Blue Ribbon school distinction in 2017.
The Solow Building, also known as 9 West 57th Street, is a skyscraper in the Midtown Manhattan neighborhood of New York City. Completed in 1974 and designed by Gordon Bunshaft of Skidmore, Owings & Merrill, it is west of Fifth Avenue between 57th and 58th Streets, overlooking the Plaza Hotel and Central Park. The building measures 689 feet (210 m) tall with 50 stories. 9 West 57th Street was developed by Sheldon Solow, who named the building after himself and continued to manage and own the building until his death in 2020. Since then, it has been owned by his son Stefan Soloviev.
Richard A. "Bo" Dietl is an American retired NYPD police detective, media personality, actor, and political candidate.
David Harold McCormick is an American businessman and politician. McCormick served as the CEO of Bridgewater Associates, one of the world's largest hedge funds, from 2020 to 2022. He is the husband of former Deputy National Security Advisor for Strategy, Dina Powell.
Raymond Thomas Dalio is an American investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York.
Andrew Ross Sorkin is an American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times. He wrote the bestselling book Too Big to Fail and co-produced a movie adaptation of the book for HBO Films. He is also a co-creator of the Showtime series Billions.
Clifford Scott Asness is an American hedge fund manager and the co-founder of AQR Capital Management. According to an April 2020 Forbes profile, Asness' estimated net worth was $2.6 billion.
Maneet Ahuja is an American author, journalist, television news producer, and hedge fund specialist. She is a producer of CNBC's morning business news program, Squawk Box. Her 2012 book, The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds, was published by John Wiley & Sons and nominated for an FT / Goldman Sachs Book of the Year Award. Forbes named her to their "30 Under 30" list of media figures for 2012. Ahuja has also produced a number of business events including CNBC's Delivering Alpha conference, a hedge fund summit that she created and co-developed. Ahuja serves on the Council of Advocates for Mt. Sinai Hospital and is on the United Nations Commission on the Status of Women. Her next book is The Techtonics.
Adam M. Grant is an American popular science author, and professor at the Wharton School of the University of Pennsylvania specializing in organizational psychology.
Neil Barsky is an American journalist, former hedge fund manager, prison abolitionist, filmmaker, and philanthropist, most notable for making the 2012 film Koch and for founding The Marshall Project, a journalism nonprofit intended to shed light on the United States criminal justice system, as well as to promote prison abolition.
The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite is a 2017 history of the Harvard Business School and its influence, written by Duff McDonald and published by Harper Business.
OceanX is an ocean exploration initiative founded by Mark Dalio and Ray Dalio, founder of investment firm Bridgewater Associates, an initiative by Dalio Philanthropies, OceanX is a “mission to explore the ocean and bring it back to the world. OceanX combines science, technology and media to explore and raise awareness for the oceans and “create a community engaged with protecting them.” The initiative also supports and facilitates ocean research for scientists, science institutions, media companies and philanthropy partners.
William Alexander von Mueffling is an investor, hedge fund manager, and producer. He is the president of Cantillon Capital Management, an investment firm with more than $14 billion under management.