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December 09, 2019 12:00 AM

Dalio releases illustrated version of ‘Principles’ book

Christine Williamson
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    Ray Dalio book

    Raymond T. Dalio, co-chairman and co-CIO of Bridgewater Associates LP, has given his reading audience what they demanded in time for holiday gift-giving: a simplified, illustrated version of his New York Times best-selling book, "Principles."

    The original version of "Principles: Life & Work," released in 2017, is a how-to manual for personal and work-life issues based on lessons Mr. Dalio learned during his long tenure in the investment management industry at the helm of Bridgewater. (Pensions & Investments, Sept. 13, 2017)

    The new book, "Principles for Success," is a distilled version of the original and features illustrations from a 30-minute animated video narrated by Mr. Dalio. The video has been downloaded more than 4 million times, according to the "Principles" website.

    "I was overwhelmed by the reactions to my book, 'Principles,' from a very diverse audience, including from parents and teachers. Many people said that it was life-changing and asked for a simpler version than my 600-page version, so I wrote a simplified, more entertaining version," Mr. Dalio said in a statement.

    The newly released book is designed to appeal to readers of all ages. Mr. Dalio said he's "especially excited about giving it to young people because it conveys a perspective about learning that they need and don't get in school."

    "Principles for Success" is available in hard-copy and digital formats from online and brick-and-mortar bookstores.

    Westport, Conn.-based Bridgewater Associates manages a total of $160 billion, $130 billion of which is in hedge funds.

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