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Principles: Life and Work by Ray Dalio

UGX 35,000

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Principles: Life and Work (2017) by Ray Dalio, billionaire investor and founder of Bridgewater Associates, is both a memoir and a practical guide to decision-making, leadership, and success. Drawing from his experiences building one of the world’s largest hedge funds, Dalio shares the principles that guided his personal growth, business strategies, and management philosophy.

The book is divided into three parts:

Where I’m Coming From – Dalio’s life story and lessons from his successes and failures.

Life Principles – Guidelines for making better decisions, embracing radical truth and transparency, and learning from mistakes.

Work Principles – Rules for building strong organizations, effective teams, and systems that prioritize idea meritocracy (where the best ideas win regardless of hierarchy).

Dalio emphasizes that principles are like tested formulas for life and work—they help people make consistent, rational decisions and navigate challenges with clarity.