Principles by Ray Dalio
“I believe that the key to success lies in knowing how to both strive for a lot and fail well. By failing well, I mean being able to experience painful failures that provide big learnings without failing badly enough to get knocked out of the game.” – Ray Dalio, Principles
Ray Dalio has encountered many failures on route to creating the largest hedge fund in the world, Bridgewater Associates.
In the following book summary you will learn Ray Dalio’s principled approach to failure, and how to use failure to increase your odds of success.