Dalio's word nearly always wins out in debates at Bridgewater on topics from management, staffing and investments to compensation, personnel and the wisdom of meeting with Vladimir Putin.
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Several years ago, Dalio arranged a conversation w/ Putin to discuss economic policy, per WSJ reporting. Employees expressed concerns about engaging with the autocratic leader, and Mr. Dalio told one that “if you’re so smart, why aren’t you rich?”
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He should have at least done a five year plan to be consistent with certain authoritarian regimes
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Dalio just used (1) of his (3) "10-year" succession plan plans without having to succeed. (Now that's funny. Like Principle & Principals). Here's the math: Buffett is two "10-year succession plans" older than Dalio. Ray's 70. Warren almost 90. Texas Teacher's could double-down.
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'My ultimate goal is to create a machine that works so well that I can just sit back and watch beauty happen.'
@RayDalio Ofc this means we'll be seeing him at Burning Man 2020
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I’ve always assumed that “radical transparency” means: I can trash your work as cruelly as I want, and you ... should probably remember who decides your bonus.
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