Hacker News Comments on
Principles: Life and Work
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All the comments and stories posted to Hacker News that reference this book.If you google "ray dalio 1980" you'll see he's talked about that being his biggest mistake and massive learning opportunity [1, 2, 3]. He even dedicated a chapter to it in his book (chapter 3) [4]. It's sort of hard to fault someone for being wrong 40 years ago and think they have nothing new to contribute.Suspect we'd all be completely screwed if we were wrong, never learned from it, and just continued on. No idea if he's right or wrong but guess time will tell. What you're implying here though, that because someone was wrong at a point in time, learned from it, evolved and changed their way of thinking, then think that all their future stuff is tainted somehow, seems pretty strange.
[1] https://www.cnbc.com/2019/12/04/billionaire-ray-dalio-was-on...
[2] https://www.businessinsider.com/bridgewater-ray-dalio-lesson...
[3] https://www.forbes.com/sites/stephaniedenning/2018/01/23/is-...
[4] https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/150...
⬐ civilizedI'm not impressed with his story about what he learned from it. He basically says he learned that sometimes he can be wrong. No indication of whether he's learned when he's more likely to be wrong or right.If you must simp for billionaires, Jim Simons, Bill Gates, and the Collison brothers are somewhat more interesting people IMO.
⬐ WestCoastJustinMore of a Musk fan myself.Since you mentioned him, Jim Simons has a really good interview too and it was pretty cool to hear his story [1]. Worth a watch if you haven't seen it and are into RenTec.
Anything about leverage. Here are the ones I read that were helpful. The second two are engineering-specific, but Principles is domain agnostic.* Principles: https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/150...
* The Effective Engineer: https://www.amazon.com/Effective-Engineer-Engineering-Dispro...
* High Output Management: https://www.amazon.com/High-Output-Management-Andrew-Grove/d...
⬐ cmonaghan+100 to The Effective Engineer. This is the best practical book on how to improve individual engineering effectiveness that I've ever read.
I learned so much about structure and organization from https://www.amazon.com/Definitive-XML-Schema-Charles-Goldfar...I learned the value of utility from Nicomachean Ethics in that it establishes a value hierarchy starting from the fragment: that which exists for its own sake.
I liked this book for establishing ethics as the basis for rapid growth in business: https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0...
A lot of people struggle with CSS. It’s not hard but it take some solid practice to master. This is the best book: https://www.amazon.com/CSS-Pocket-Reference-Visual-Presentat...
Honesty is important. Brutal honesty forces changes to culture and everybody wins. It forces you to act with ethics for the welfare of the group: https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/150...
Fear of innovation is a form of hecklers veto, more so when popularity or a majority is threatened. Originality, even when wrong, is always more important: On Liberty.
My favorites are Good to Great and Principles* https://www.amazon.com/Good-Great-Some-Companies-Others/dp/0...
* https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/150...
The first quote by Ray Dalio is from his most excellent book https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/150...I've listen to the section for personal principles on audible 5 times now, and I will probably keep repeating it at least a couple times a year.
Dark Matter: A Novel (Fiction) - One of my favorite SF story so far. https://www.amazon.com/Dark-Matter-Novel-Blake-Crouch/dp/110...Principle: Life and Work, Ray Dalio (Business & Decision- Making) - Very interesting and thoughtful book around building a meritocracy. https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/150...
⬐ yannicktPrinciples is my best non-fiction read of 2017. Superbly written.