Forget the beer commercials. Ray Dalio is definitely the world’s most interesting man.
On the one hand, he wrote an amazing book “Principles” to help other humans discover the principles that will help them be successful at work and in life.
It describes his life journey and the principles he learned from making painful mistakes. It’s incredible.
Some of Ray’s best principles are truths others great thinkers (Peter Drucker, Don Clifton) previously described. For example:
Principle 4.1 “Understand the power that comes from knowing how you and others are wired.”
Knowing strengths and weaknesses of your team is key to success. Psychometric assessments can help.
On pg 160-161 Ray addresses how to use strengths and manage weaknesses brilliantly. Almost exactly as Don Clifton – father of strengths psychology – taught.
“Asking others who are strong in areas where you are weak to help you is a great skill … All successful people are good at this.”
On the other hand, Ray has hired the former head of IBM Watson to build an AI to replace humans as managers and investors.
I love his book – it’s one of the best I’ve read in years – but I’m afraid of what his new invention might do to the human race.
What do you think of Ray’s principles and his new invention?