Long Island University Students Inspired by Dalio's Bestseller
Over 5,000 students at Long Island University are set to receive a copy of 'Principles,' a New York Times #1 bestseller written by Ray Dalio. This initiative is made possible thanks to an anonymous donation. Ray Dalio, a distinguished alumnus of Long Island University who graduated in the early 1970s, founded Bridgewater Associates which has grown to be the world's largest hedge fund.
About the Book 'Principles'
Published in 2017, 'Principles' encompasses 552 pages filled with invaluable life and work insights that have propelled Dalio's professional success. With over 5 million copies sold globally and translations into 30 languages, the book has transcended its original format. An illustrated adaptation titled 'Principles for Success' makes these teachings accessible to readers of all ages, and there’s even a 30-minute animated video that further encapsulates Dalio's core lessons.
The Impact of the Donation
The generous donation of $200,000 will allow Long Island University to distribute approximately 5,500 books to its undergraduate community. Additionally, this funding will facilitate the development of a semester-long course that integrates Dalio's principles into the curriculum, beginning January 2025. This gift complements a pilot program running this fall, which is designed for 200 students majoring in finance, management, and entrepreneurship, incorporating insights from both 'Principles' and the 'PrinciplesYou' guidance.
Understanding 'PrinciplesYou'
'PrinciplesYou' represents a groundbreaking assessment tool created by Dalio in collaboration with seasoned psychologists, including Adam Grant, Brian Little, and John Golden. This tool aims to deepen self-awareness and improve interpersonal relations, making it an invaluable resource for students and professionals alike, proving to be one of the most scientifically credible personality assessments available today.
Dalio's Commitment to Education
Ray Dalio expressed his excitement about his book's incorporation into his alma mater's academic offerings. He reminisced about his own journey as a student and emphasized that the principles he developed have been instrumental in his personal and career growth. He passionately believes these same principles can significantly benefit current students as they navigate their own paths.
A Lasting Legacy at Long Island University
Dr. Kimberly R. Cline, President of Long Island University, remarked on the impact of Ray Dalio's visit to the campus, which inspired a former student to make this generous donation. Dr. Cline strongly believes that the lessons contained in 'Principles' are universally applicable, ensuring they resonate with students of all disciplines, making this generous donation significant for the entire academic community.
About Long Island University
Established in 1926, Long Island University has made a mark as a premier teaching and high-research institution. Lauded for its focus on experiential learning, it consistently ranks among the top 7% of research universities. With an extensive alumni network exceeding 285,000, including numerous industry leaders and entrepreneurs globally, LIU continues to redefine the landscape of higher education.
Frequently Asked Questions
What is the purpose of the donation?
The donation aims to provide over 5,000 copies of Ray Dalio's book 'Principles' to students and develop a course centered on its teachings.
Who is Ray Dalio?
Ray Dalio is the founder of Bridgewater Associates, one of the largest hedge funds globally. He graduated from Long Island University in the early 1970s.
What is 'Principles' about?
'Principles' outlines life and work lessons that have guided Ray Dalio, emphasizing wisdom that can aid readers in making better decisions.
How will the book be incorporated into the curriculum?
The book will be integrated into courses across various disciplines, starting with a pilot program for students in finance, management, and entrepreneurship.
What is 'PrinciplesYou'?
'PrinciplesYou' is a personality assessment tool designed to enhance self-understanding and improve interactions with others, created by Ray Dalio with leading psychologists.
