title: Summary of Principles: Life and Work By Ray Dalio
author:  Concise Reading 
description: <span>Editorial Reviews on </span><span>Principles: Life and Work Kindle </span>by Ray Dalio
zlib_text: _This is an unofficial Kindle version of Principles by Ray Dalio prepared by
  Evgeny Shadchnev (_[evgeny@makersacademy.com](mailto:evgeny@makersacademy.com)
  _)._
  
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  _The original book in PDF format can be found
  at_<http://www.bwater.com/Uploads/FileManager/Principles/Bridgewater-
  Associates-Ray-Dalio-Principles.pdf>
  
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  _© 2011 Ray Dalio_
  
    
  
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  _P_ _RINCIPLES_
  
   _BY_ _R_ _AY_ _D_ _ALIO_
  
  What follows are three distinct parts that can be read either independently or
  as a connected whole. Part 1 is about the purpose and importance of having
  principles in general, having nothing to do with mine. Part 2 explains my most
  fundamental life principles that apply to everything I do. Part 3, explains my
  management principles as they are being lived out at Bridgewater. Since my
  management principles are simply my most fundamental life principles applied
  to management, reading Part 2 will help you to better understand Part 3, but
  it’s not required—you can go directly to Part 3 to see what 