Page 293 - Ray Dalio - Principles
P. 293

36 We applied these ways of operating to the businesses of investing and managing.
                       In the process of investing I developed a practical understanding of what makes
                       businesses and economies succeed, and in the process of managing my company I
                       had to develop a practical understanding of how to manage businesses well. And I
                       liked that my understanding of these subjects could be objectively measured via our
                       investment performance as well as our business performance.
                       37 Because Principles is an evolving document, with new principles being added
                       and old ones getting refined all the time, they will be changed. You will be able to
                       find  them  in  my  forthcoming  Principles  app,  which  you  can  learn  about  at
                       www.principles.com.
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