“To be successful, we need everyone to think independently and work through disagreement to decide what's best.” Quote by Ray Dalio
“Radical transparency is critical to having an idea meritocracy because it shows what's actually happening without spin and prevents people from maneuvering politically behind each others' backs. It brings problems and weaknesses to the surface and allows people to see how they are dealt with, so it's great for training people on how to deal with real problems.” PeopleIdeasRealShowsProblemDealsBehindsTrainingHappeningsWeaknessCriticalSurfaceRadicalTransparencyReal ProblemsMeritocracy Author:Ray Dalio
“Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.” WayReasonBehindsDoorsGoodnessRadicalBad ThingsTransparencyClosed DoorsBehind Closed Doors Author:Ray Dalio
“As Harvard developmental psychologist Robert Kegan, who has studied Bridgewater, says, in most work places everyone is working two jobs. The first is whatever their actual job is; the second consists of managing others' impressions of them, especially by hiding weaknesses and inadequacies - which is an enormous waste of energy.” FirstsTwoJobsEnergyWasteWeaknessEnormousImpressionHidingHarvardPsychologistInadequacyDevelopmentalTwo JobsWork Place Author:Ray Dalio
“Most people have a hard time confronting their weaknesses in a really straightforward, evidence-based way. They also have problems speaking frankly to others. Some people love knowing about their weaknesses and mistakes and those of others because it helps them be so much better, while others can't stand it.” PeopleWayHardHelpingProblemMistakeKnowingWeaknessEvidenceHard TimesStraightforwardConfronting Author:Ray Dalio
“Some people who are creative are not reliable and vice versa; some see big pictures while others see details, etc. All of them are important to have on well-orchestrated teams.” PeopleWellsImportantBigsCreativeTeamVicesDetailsEtcVice VersaBig Picture Author:Ray Dalio
“I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.” ThinkingNeedsBelieveDecision Author:Ray Dalio
“In the end, what matters most is that the people you work with share your values, so I've wanted people who value the meaningful work and meaningful relationships that always motivated me in building Bridgewater.” PeopleEndsMatterWantedValuesShareBuildingMeaningfulMotivatedWhat MattersMeaningful WorkMeaningful Relationship Author:Ray Dalio
“What matters most is that the people you work with share your values.” PeopleMatterValuesShareWhat Matters Author:Ray Dalio
“Everyone has to decide for themselves what works for them and their organization.” Organization Author:Ray Dalio
“There are these little towns outside of L.A. Once you get an hour and a half, two hours out, you get into these little, tiny towns that are almost like stuck in time.” LittlesTwoHoursHalfTownsTinyStuckLittle Towns Author:Joe Manganiello