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Principles no one is actually using - “In the end, my search failed to produce a single organization that adopted the principles in a Bridgewater-like manner” h
by AJ007 8y ago
Principles no one is actually using - “In the end, my search failed to produce a single organization that adopted the principles in a Bridgewater-like manner” https://www.institutionalinvestor.com/article/b184ggn6dd6090/ray-dalio’s-book-has-sold-a-million-copies-but-who’s-actually-implementing-his-ideas https://www.institutionalinvestor.com/article/b184ggn6dd6090...
This is in stark contrast with John Doerr’s recent book, Measure What Matters, which is only examples of implementation.
- gist 8y agoYeah and actually what I simply noticed was a promotional pattern that reminded me of things I read as a kid at my Dad's office and to this date. Generally for real estate investing where someone would send out newsletters with little actual information just general platitudes praying on people's lack of sophistication or simply looking for easy answers. One other important thing is that there are also things that are missing from a book like this that might matter in terms of why a particular action worked. (At a particular point in time) Because they might appear to be sleezy (even if they aren't) and someone might not want to mention them for wide review or reading or have them known. So honestly you never really know the full story and without the full story it's hard to nail down exact steps and honestly you can't do that anyway (for example you can't control luck). [1] [1] Not a great example but let's take an actress writing a book on how she got her first gig in Hollywood but she fails to mention how the director had the hots for her and what she might have done to lead him on into thinking she would sleep with him. Instead she just talks about things she can and people reading give that greater weight.