Principles

Principles - Ray Dalio

“Problems are like coal thrown into a locomotive engine because burning them up - inventing and implementing solutions for them - propels us forward. Every problem you find is an opportunity to improve your machine."

Principles is one of the best practical guides on life and management that I've read and one of my favourites in recent memory because of the extreme effort that went into making it as readable as possible. 

This feels very much like a modern-day take of Stoic philosophy. Ray's own approach to business and life clearly has been influenced heavily by the Stoics. 

The best part of the book is how each principle is clearly displayed as a chapter heading followed by each sub-principle or example subdivided even further to make it simple to pick out whatever information you need to apply in a given moment. This comes into play even more importantly in the second half of the book that's designed to be used as a business and management reference guide for how to handle different situations that are another "one of those."