| Here’s the #1 Most Valuable Principle: “Embrace Reality and Deal With It” This also happens to be the first Principle in the book. There are a couple hundred principles because there are a couple of hundred different types of situations that one faces and there’s a principle for each of them, so Principles is written as a reference book.
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Raymond Thomas Dalio is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank's retirement fund.
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