Ray Dalio's favorite books

  • Originals

    Originals

    Adam M. Grant
    How Non-conformists Move the World
    Business & Economics

    The #1 New York Times bestseller that examines how people can champion new ideas-and how leaders can fight groupthink, from the author of Give and Take and co-author of Option B"Reading Originals made me feel like I was seated across from Adam Grant at a dinner party, as one of my favorite thinkers thrilled me with his insights and his wonderfully new take on the world."--Malcolm Gladwell, author of Outliers and The Tipping Point"Originals is one of the most important and captivating books I have ever read, full of surprising and powerful ideas. It will not only change the way you see the worl.

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    overwhelmingly favourable

    Sep 16, 2019 — Source

  • The Hero with a Thousand Faces

    The Hero with a Thousand Faces

    Joseph Campbell
    Social Science

    Explore the Hero's Journey in stories as old as humanity and as new as last night's dream The latest incarnation of Oedipus, the continued romance of Beauty and the Beast, stand this afternoon on the corner of 42nd Street and Fifth Avenue, waiting for the traffic light to change. — Joseph Campbell Since its release in 1949, The Hero with a Thousand Faceshas influenced millions of readers by combining the insights of modern psychology with Joseph Campbell’s revolutionary understanding of comparative mythology. In these pages, Campbell outlines the Hero’s Journey, a universal motif of adventure and transformation that runs through virtually all of the world’s mythic traditions. He also explores the Cosmogonic Cycle, the mythic pattern of world creation and destruction. As part of the Joseph Campbell Foundation’s Collected Works of Joseph Campbell, this third edition features expanded illustrations, a comprehensive bibliography, and more accessible sidebars. As relevant today as when it was first published, The Hero with a Thousand Faces continues to find new audiences in fields ranging from religion and anthropology to literature and film studies. The book has also profoundly influenced creative artists—including authors, songwriters, game designers, and filmmakers—and continues to inspire all those interested in the inherent human need to tell stories. Reviews: “I have returned to no other book more often since leaving college than this one, and every time I discover new insight into the human journey. Every generation will find in Hero wisdom for the ages.” — Bill Moyers “In the three decades since I discovered The Hero with a Thousand Faces, it has continued to fascinate and inspire me. Joseph Campbell peers through centuries and shows us that we are all connected by a basic need to hear stories and understand ourselves. As a book, it is wonderful to read; as illumination into the human condition, it is a revelation.” — George Lucas “Campbell’s words carry extraordinary weight, not only among scholars but among a wide range of other people who find his search down mythological pathways relevant to their lives today....The book for which he is most famous, The Hero with a Thousand Faces [is] a brilliant examination, through ancient hero myths, of man’s eternal struggle for identity.” — Time

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    a little bit dense, but it’s so rich, it’s a good one.

    Sep 13, 2017 — Source

  • River Out of Eden

    River Out of Eden

    Richard Dawkins
    A Darwinian View of Life
    Science

    How did the replication bomb we call ”life” begin and where in the world, or rather, in the universe, is it heading? Writing with characteristic wit and an ability to clarify complex phenomena (the New York Times described his style as ”the sort of science writing that makes the reader feel like a genius”), Richard Dawkins confronts this ancient mystery.

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    So to understand the laws of nature, which we’re all subject to, I’d recommend this book.

    Jan 24, 2018 — Source

  • Super Mind

    Super Mind

    Norman Rosenthal

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    It gave me an equilibrium that really helped me.

    Jan 24, 2018 — Source

  • The Rise and Fall of the Great Powers

    The Rise and Fall of the Great Powers

    Paul Kennedy
    Economic Change and Military Conflict from 1500 to 2000
    Business & Economics

    About national and international power in the "modern" or Post Renaissance period. Explains how the various powers have risen and fallen over the 5 centuries since the formation of the "new monarchies" in W. Europe.

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    the best thing I’d read in the past year.

    Sep 16, 2019 — Source

  • An Unquiet Mind

    An Unquiet Mind

    Kay Redfield Jamison
    A Memoir of Moods and Madness
    Psychology

    WITH A NEW PREFACE BY THE AUTHOR In her bestselling classic, An Unquiet Mind, Kay Redfield Jamison changed the way we think about moods and madness. Dr. Jamison is one of the foremost authorities on manic-depressive (bipolar) illness; she has also experienced it firsthand. For even while she was pursuing her career in academic medicine, Jamison found herself succumbing to the same exhilarating highs and catastrophic depressions that afflicted many of her patients, as her disorder launched her into ruinous spending sprees, episodes of violence, and an attempted suicide. Here Jamison examines bipolar illness from the dual perspectives of the healer and the healed, revealing both its terrors and the cruel allure that at times prompted her to resist taking medication. An Unquiet Mind is a memoir of enormous candor, vividness, and wisdom—a deeply powerful book that has both transformed and saved lives.

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    The experience not only taught me a lot about how brains work but why creative genius often exists at the edge of insanity

    Sep 16, 2019 — Source

  • The Lessons of History

    The Lessons of History

    Ariel Durant,Will Durant
    History

    A concise survey of the culture and civilization of mankind, The Lessons of History is the result of a lifetime of research from Pulitzer Prize–winning historians Will and Ariel Durant. With their accessible compendium of philosophy and social progress, the Durants take us on a journey through history, exploring the possibilities and limitations of humanity over time. Juxtaposing the great lives, ideas, and accomplishments with cycles of war and conquest, the Durants reveal the towering themes of history and give meaning to our own.

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    These fabulous historians who wrote thousands of pages of history distilled it down into these 104 pages

    Jan 24, 2018 — Source

  • Einstein’s Mistakes

    Dalio read this book in 2011

    Sep 16, 2019 — Source

  • The Upside of Inequality

    The Upside of Inequality

    Edward Conard
    How Good Intentions Undermine the Middle Class
    Business & Economics

    The scourge of America's economy isn't the success of the 1 percent--quite the opposite. The real problem is the government's well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he's back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent--rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of "crony capitalism" more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone.

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    inequality should be treated as a national emergency

    Sep 16, 2019 — Source

  • Beyond Religion: Ethics for a Whole World

    His view was that prayer and meditation seemed to have similar effects on the brain in producing feelings of spirituality

    Sep 16, 2019 — Source