We recommend a selection of books by Oleksandr Kalinin, Doctor of Economics, Professor, Head of the Department of Management and Innovative Development of the KROK Business School, instructor of Master of Global Business Management and Master of Business Administration programs.
"Principles" by Ray Dalio
Ray Dalio's "Principles" is a collection of life and work principles that helped the author become one of the most successful investors in the world and found Bridgewater Associates, one of the largest hedge funds in the world. This book offers valuable lessons for business school students and entrepreneurs seeking to succeed in their endeavors. Dalio shares his principles for making decisions, overcoming failure, building strong teams, and creating a culture of accountability. They will help you develop the skills you need to succeed in any field. The Principles offer an in-depth analysis of how markets work and the factors that influence asset prices. Dalio shares concrete advice on how to put his principles into practice. They are based on universal aspects that can be applied to any area of life, not just business. "Principles" is not just a theory, but a practical guide that will help students and entrepreneurs apply these principles in their daily lives. Mr. Dalio candidly shares his mistakes and failures, as well as his successes. This honest and open style makes the book even more valuable.
"Principles" is a must-read for anyone who wants to succeed in business or in any other area of life. This book offers valuable lessons and practical advice to help you develop the skills, knowledge, and mindset you need to achieve your goals.
The Snowball. Warren Buffett and the Business of Life
Alice Schroeder's book "The Snowball. Warren Buffett and the Business of Life" (The Snowball: Warren Buffett and the Business of Life) is a deep and comprehensive study of the life of one of the most famous investors of our time. Having gained unprecedented access to the personal archives of Buffett and his entourage, Schroeder has created not just a biography, but a detailed portrait of a man whose financial instincts and business acumen have become legendary.
One of the main strengths of the book is its depth and detail. Schroeder not only describes the key moments of Buffett's life, but also dives into his thoughts, decisions and principles that shaped him as a person and a professional. The reader will learn about Buffett's early years, his first steps in business, the founding of Berkshire Hathaway and the success that made him one of the richest people in the world.
Schroeder masterfully combines the story of Buffett's business success with the personal aspects of his life. It shows how his personal values and ethics influenced his business decisions. The reader sees a man with principles who, despite huge financial gains, remains modest and reserved.
Schröder's presentation style is also worth noting. Her writing is both accessible and engaging, making the book interesting not only for professional investors, but also for a general audience. She knows how to keep the reader's attention, combining analytical reflections with fascinating stories from Buffett's life.
At the same time, the book is not a solid eulogy. Schroeder does not avoid difficult questions and critical moments in Buffett's life, which adds objectivity and balance to the review.
Overall, The Snowball is a must-read for anyone interested in finance, investing, and Warren Buffett's success story. This is a thorough and fascinating study of the life and philosophy of one of the most influential financiers of our time.
