Recommended by2 picks~12h of reading

Ray Dalio

Founder of Bridgewater Associates

Ray Dalio built the world's largest hedge fund on the belief that most things have happened before. His recommendations lean toward books that compress big sweeps of history and myth into patterns you can act on. These are his picks from the index.

The shelf

2 books Ray recommends

In Ray's order. Each note is our paraphrase of why they rate it, drawn from their public lists and interviews, not a quote.

  1. Cover of The Lessons of History by Will & Ariel Durant

    The Lessons of History

    by Will & Ariel Durant

    Why Ray rates it

    Dalio recommends the Durants constantly and says this little book shaped how he thinks about repeating cycles of wealth, power, and conflict.

    Intermediate~3hRead the breakdown →

    Also picked by James Clear

  2. Cover of The Hero with a Thousand Faces by Joseph Campbell

    The Hero with a Thousand Faces

    by Joseph Campbell

    Why Ray rates it

    He cites Campbell's hero's journey in Principles as a map for the arc of a meaningful life: the call, the abyss, and the return.