Top critical review
Management consultant soup
24 January 2018
Ray Dalio is a legend in the investing community so it is puzzling why he has filled his book with a jumble of management, relationship and HR principles (many of them fads) and starved those of us hanging out to hear his investing secrets.
In statistics, correlation should not be used to imply causation, to do otherwise is a logical fallacy. Ray Dalio is an investing great, for sure, however his organisational principles, as well meaning as they are, may have next to nothing to do with his financial fortune. They are quite likely to be coincidental to his investment returns and thus this entire book is an example of a logical fallacy.
Ray Dalio says he will release his investing principles in another book (I can't wait) but they should have come first and this book should have been cut down to one chapter up the back of the book.