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'Ray, this is a religion': How Bridgewater lost two top hires

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Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#171

Post by piuantiderp »

throwawaaarrgh wrote: post #66
com2kid wrote: post #47

Earlier quoted context omitted.

> The idea was supposedly that everyones ideas were valid and hierarchy didn't matter and that everyone should challenge anything no matter who they were in the organisation. On the engineering side, ideally this is how things are done anyway. I've never had a problem digging into the ideas presented by engineers more senior than me, and I've always encouraged junior engineers to question any ideas I present. Everyon…

Just because you are in engineering does not mean politics, culture, psychology stop applying. It's really no different than any job at all. Engineers will often think they're in some kind of meritocracy, when in reality they're just as trapped by social constructions as anyone else.

Furthermore: the MORE they ignore that reality, the more trapped they are.

Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#172

Post by kevinventullo »

The fact that Ferrucci didn’t immediately see through this insanity makes me question his supposed genius. Like the job was never to make some ultra-intelligent system, the job was to stroke the CEO’s ego by saying “Look, hard math proves that you’re the smartest guy in the room.”

Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#173

Post by strangattractor »

saghm wrote: post #142
strangattractor wrote: post #95

I love the pee story here. A long time ago I was friends with a facilities person at Apple. She told of a peculiar case where she was called in to take care of a problem in one of the conference rooms. Apparently someone had not thought a meeting had gone well. That evening they had returned to the conference room and taken a dump on the table. Message received. Maybe someone was trying to send a Ray a message with a…

That's pretty awful; making some random innocent cleaning person deal with literal shit does nothing to the person you're actually mad at.

Can't disagree with that. But it is amazing the kinds of things that go on in large corporations.

Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#174

Post by aatd86 »

tonyedgecombe wrote: post #162
aatd86 wrote: post #132

Earlier quoted context omitted.

Buffett seems to do quite well for himself from what we often hear.

Or maybe not: https://seekingalpha.com/article/4423498-berkshire-hathaway-...

Not bad, that seems to be exactly what the parent post says.

Guess it's all about that smart beta :p /jk Investment rationale: "Just follow the herd, don't be a midwit."

Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#175

Post by pstuart »

aleph_minus_one wrote: post #143
pstuart wrote: post #81

Earlier quoted context omitted.

Incentives are a hell of a drug. It would be so cool if someone could apply game theory for mortals that could digest these systems and show how to make them more "fair". It may be an impossible task but it seems worthy of exploration.

> It would be so cool if someone could apply game theory for mortals that could digest these systems and show how to make them more "fair". It may be an impossible task but it seems worthy of exploration. I consider this to be a hard, but clearly not an impossible task. What I rather consider to be nigh impossible is to get a good definition on what we actually want to achieve by creating these systems. There is wher…

My goal would be to "maximize prosperity for all". It could be better qualified and defined, but making sure honest hard-working people don't get screwed over and cheaters don't prosper.

I think the goal should be the goal, as the circumstances will continue to evolve. That is, the process should serve the people rather than the other way around.

Sorry, I'm just an old naive idealist and would like to cling to hope that we can move society forward in a positive direction.

Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#176

Post by mgaunard »

atlasunshrugged wrote: post #121
BeetleB wrote: post #91

Earlier quoted context omitted.

I think he meant "bad" as in incompetent. In the context of the top parent, you'll have many more B and C players than A players, so trusting the majority works against the A players.

Ah that makes more sense! I was thinking in moral terms

Ha, the good old bad vs evil.

You might want to read Friedrich Nietzsche, On the Genealogy of Morality, First Treatise.

Re: 'Ray, this is a religion': How Bridgewater lost two top hires

#179

Post by nebula8804 »

next_xibalba wrote: post #135
Eddy_Viscosity2 wrote: post #133

Earlier quoted context omitted.

This reminds me very much of the MeowMeowBeenz epsiode of community. https://en.wikipedia.org/wiki/App_Development_and_Condiments https://www.youtube.com/watch?v=CI4kiPaKfAE https://www.youtube.com/watch?v=bokl1SOfIjQ

One of my absolute favorite episodes. Right up there with the Asscrack Bandit episode. #SixSeasonsAndAMovie!

We have Six Seasons already and the movie is apparently in production now(Although the strike has delayed things a bit and may cause downstream trouble).

[1]:https://www.imdb.com/title/tt21958386/

BTW: Man the Asscrack Bandit was such a memorable episode.

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