Principles
Tags
Summary
What makes it rare is its candor: the author includes the days around 1982 when he nearly lost everything and had to borrow money from his father, and uses that as the starting point for explaining where principles come from. There is no need to copy it wholesale, because Dalio repeatedly stresses "forming your own principles." The book's five hundred-plus principles are like a toolkit that readers can draw from as needed, or they can read only the life principles section.
The 2018 edition published by CITIC Press, translated by Liu Bo and Qi Xiang, is the most widely circulated; the hardcover layout is clean, the principle list in the appendix is convenient for repeated reference, and it has long ranked among the top in print runs. It is suitable to keep close at hand and flip through once a year, comparing it with your own judgments and reflections over the year.
Editor's review
Who it's for
A good fit for
- 希望建立个人决策框架、减少情绪化选择的职场人
- 管理者与企业创始人，关注组织文化、用人与决策机制
- 对投资、对冲基金与桥水经营方式感兴趣的读者
- 喜欢清单式、条目化表达，便于随时查用的实用型读者
Not a good fit for
- 想找具体选股技巧、投资操作指南的读者
- 期待文学性叙事或轻松随笔阅读体验的人
- 反感强管理风格、对“极度透明”理念有抵触的读者
Reading tips
- 先读“我的历程”三四十页，理解原则的来处，再进入条目部分会顺畅得多。
- 不必逐条背诵，读时用笔标记当下与自己处境相关的三五条，写成行动清单。
- 读完生活原则后停顿一周，观察自己的决策，再读工作原则效果更佳。
- 附录的原则清单适合长期置于案头，每月复盘时抽十分钟对照检索。
About the publisher
Founded in 1988 and affiliated with China CITIC Group, CITIC Press focuses on business and economics, social sciences, literature and children's books, with common categories covering social sciences, finance, literature, Eastern philosophy and literary appreciation. Its library holds 91 titles, including Yuval Noah Harari's Sapiens trilogy, Thomas Piketty's Capital in the Twenty-First Century, Wu Xiaobo's Thirty Years of Strife: Chinese Enterprises 1978–2008, Nelly Sachs's The Weight of Butterflies: Selected Poems of Nelly Sachs, as well as New Interpretations of the Analects and Chiang Hsun's lectures on Dream of the Red Chamber. Its authors and translators include Lin Junhong, Ba Shusong, Chen Li and Chang Fen-ling. Overall, the press introduces influential works in finance and social sciences while balancing classic translation and local appreciation in literature and Eastern philosophy, combining academic depth with accessible reading.
Contents
- Preface to the Chinese Edition
- Introduction
- Part One: My Journey
- 1 My Call to Adventure (1949–1967)
- 2 Crossing the Threshold (1967–1979)
- 3 My Abyss (1979–1982)
- 4 My Trials and Tribulations (1983–1994)
- 5 My Ultimate Boon (1995–2010)
- 6 Returning the Boon (2011–2015)
- 7 The Last Year and the Biggest Challenge (2016–2017)
- 8 Looking Back from a Higher Level
- Part Two: Life Principles
- 1 Embrace Reality and Deal with It
- 2 Use the Five-Step Process to Get What You Want Out of Life
- 3 Be Radically Open-Minded
- 4 Understand That People Are Wired Very Differently
- 5 Learn How to Make Decisions Effectively
- Summary of Life Principles
- Life Principles: Summary and List
- Part Three: Work Principles
- Work Principles: Summary and List
- Building a Great Culture
- 1 Believe in Radical Truth and Radical Transparency
- 2 Do Meaningful Work and Build Meaningful Relationships
- 3 Create a Culture in Which It Is OK to Make Mistakes but Unacceptable Not to Learn from Them
- 4 Get and Stay in Sync
- 5 Base Decisions on Believability
- 6 Know How to Transcend Differences
- Getting the Right People
- 7 More Important Than What You Do Is Who You Do It With
- 8 Hire the Right People, Because the Cost of Getting It Wrong Is High
- 9 Train, Test, Evaluate, and Allocate People Continuously
- Building and Evolving Your Machine
- 10 Manage as If You Were Operating a Machine to Achieve Your Goals
- 11 Spot Problems and Do Not Tolerate Them
- 12 Diagnose Problems and Explore Root Causes
- 13 Improve the Machine and Solve the Problems
- 14 Do What You Set Out to Do
- 15 Use Tools and Protocols to Guide the Work
- 16 Never Overlook Corporate Governance
FAQ
这本书是讲投资的吗？
极度透明真的可行吗？
和刘波、綦相译本之外的版本有何区别？
没有管理经验，读工作原则会不会吃力？
Comments
Find this book
This site is an index: you start “Search all sources” in your browser, and the entries it lists all point to third-party sites; please judge their availability yourself.
