The 3rd most valuable principle from Principles: Life and Work by Ray Dalio, as rated by readers, is “Understand that a great manager is essentially an organizational engineer.” You can find more information on this principle in Chapter 10 of Work Principles.
Q1 hedge fund letters, conference, scoops etc
Great managers are not philosophers, entertainers, doers or artists. They are engineers who tinker constantly with their machine’s design and its people to make both work better.
Top 5 Most Valuable Principles #3: A Great Manager Is Essentially A Great Organizational Engineer
The Five Step Process: Top 5 Most Valuable Principles #4
“The Five Step Process” was named the 4th most valuable Principle. Take a deep dive into it here, and learn more about “The Five Step Process” in Chapter 2 of Ray’s book, Principles: Life and Work.
The Five Step Process:
1. Have clear goals
2. Identify and don’t tolerate the problems that stand int he way of achieving those goals.
3. Accurately diagnose the problems to get at their root causes.
4. Design plans that will get you around them.
5. Do what’s necessary to push these desgins through to results.
Recognize Your Two Barriers: Top 5 Most Valuable Principles #5
Ray Dalio asked his communities which principles from his book they’ve found to be the most helpful. They rated “Recognize Your Two Barriers” from Chapter 3 in Life Principles as the #5 Most Valuable Principle.
