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Favorite Quote “Rather than thinking, ‘I’m right.’ I started to ask myself, ‘How do I know I’m right?’” — Ray Dalio The Book in One Sentence Principles holds the set of rules for work and life billionaire investor and CEO of the most successful fund in history, Ray Dalio, has acquired through his 40-year career in finance. Why should you read it? Everyone needs a philosophy, a set of rules they live by. When it comes to your philosophy at work or in how you run your business, this book is the way to go. It’ll lay out the distilled lessons from one of the world’s most celebrated and successful money managers, and they are useful well beyond the world of work and business. Highly recommended. Key Takeaways Principles are powerful weapons in the fight against flawed thinking. Radical truth and transparency are two of Ray’s most important ideas. Great businesses use principles to create environments where the best ideas win.