The app is a surprisingly whimsical look inside the mind of the hedge-fund billionaire
Ray Dalio, founder of hedge fund Bridgewater Associates, has launched a free app based on his best-selling book"Principles."Besides having a copy of the book, the app comes with extra features like self-assessment quizzes, a folder to save your favorite Dalio principles, and animated cartoons.
One of Dalio's core principles is having"radical transparency," or total openness, within his company. This gave him the idea forThere's no live monitoring going on in Principles in Action, but you do have the chance to step inside the mind of Ray Dalio through his books, meetings, and speeches. We took a look at the app and highlighted some of its more interesting features.
On page 171, for example, there's a video of a Bridgewater meeting from January 2011 in which staff discuss the company's successful"Pure Alpha Major Markets" program. Dalio listens while others praise what Bridgewater has accomplished. At the end, he offers his own advice:"We could all be here celebrating, but I think we should be here worrying."
Dalio has a lot of core principles in his book, and this app lets you type in keywords to find ones pertinent to any situation. You can then save your favorites for later use.Ray Dalio/Principles in Action The app dishes out bite-size versions of Ray Dalio's most important mantras. They read like excerpts from"The Art of War," except your enemies aren't marauding hordes: they're your own personal failings.The most interactive section,"Case Studies," offers over six hours of self-assessment quizzes and videos of Bridgewater workers discussing how they employ Dalio's principles.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The HDR Format War Just Got Even More MessyUniversal confirms that its 4K Blu-ray catalogue is set to become like a box of chocolates…
Weiterlesen »
Gender ‘X’: Nevada to allow nonbinary people to self-identify on IDsNevada’s new driver's license and state ID policy should serve as a “model for the rest of the country,” transgender advocate Ray Mcfarlane said.
Weiterlesen »
Here’s how the world’s biggest hedge funds are shorting the heart of Germany’s economyAQR and Marshall Wace are among hedge funds shorting German steel conglomerate Thyssenkrupp in trades worth €328 million. Marshall Wace has 25 other German shorts.
Weiterlesen »
NASA's New Planet-Hunter Finds Its First Earth-Sized World, And It's 'Potentially Habitable'NASA's Transiting Exoplanets Survey Satellite (TESS) has discovered its first Earth-sized planet, HD 21749c, as well as a larger Neptune-like planet called HD 21749b, in a star system 53 light years away.
Weiterlesen »
This Personality Quiz We'll Tell You Which 2019 Album To Listen ToWe'll Tell You Which 2019 Album To Listen To Based On Your Personality
Weiterlesen »
‘Washington is a bit hysterical’: French envoy offers advice as he bids adieuFor the last two years, Gerard Araud, France’s ambassador to the United States, has signed off on the cables he sends back to Paris with the same caveat: “Of course, a surprise can’t be excluded”
Weiterlesen »
‘Washington is a bit hysterical’: French envoy offers advice as he bids adieu“Washington is a bit hysterical,” Gerard Araud said. “People are so appalled by the behavior of the president that they listen a bit too much to their guts instead of really listening to the brain.”
Weiterlesen »
How hedge funds are using consumer data to get a trading edgeFrom using apps on your phone to pulling up to a particular parking lot, companies are tracking your location and purchases. Here's how hedge funds buy your data and use it to learn which brands are worth buying.
Weiterlesen »
How hedge fund investors are making money off the data you're giving them for freeHedge funds buy mountains of anonymized data that they use to gauge how well retailers are doing ahead of earnings.
Weiterlesen »