21–30 of 179 posts
I stopped listening to Ray Dalio when he trotted out the meme about out of control crime in big cities at the beginning of one interview or another. I don't know if he's lazy, or out of touch, but I don't like it when people are fast and loose with extremely verifiable information. Like, maybe you have expert intuition the future of inflation, that's great; but if you're going to talk about extremely verifiable infor…
Man, this feels like something out of Severance. Creating an AI model of Dalio to properly rank employees according to tenants? What the hell?
It’s sad to see so many person/hours wasted spinning their wheels to please a narcissist.
Ugh, I had a recruiter approach me a couple of years ago to work for some company that had a "radical openness" culture or something like that. 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. The way they sold it sounded a bit culty to me, and the potential for abusive behaviour seemed high. Di…
If these articles are right, the picture I'm coming away with is that Dalio had some good strategies that gave him an edge decades ago but now his competitors have caught up and pulled ahead. Apparently Bridgewater no longer has any quantitative edge and it's really just Dalio and a few close advisors making calls from the gut. Plus all this weird nonsense about "principles".
It's interesting. I have seen rating systems work – in the military. They're harsh to some, but in some situations, you have to filter out B and C players to keep the A players alive. I do think transparent systems w/360º peer reviews are better than many others. I wonder what else is out there that might work.
It's interesting. I have seen rating systems work – in the military. They're harsh to some, but in some situations, you have to filter out B and C players to keep the A players alive. I do think transparent systems w/360º peer reviews are better than many others. I wonder what else is out there that might work.
> His main interest, as he wrote in his best-selling autobiography-cum–self-help book, Principles: Life and Work, is to lead others toward “meaningful lives” and “meaningful relationships.” … > Staffers were given iPads and directed to rank one another on a one-to-ten scale on their performance dozens of times per day in categories derived from Dalio’s Principles … > The goal of all the data, Dalio would say, was to…
His book had many insane ideas for running a company. I assume the power of PR is why it was well received.
A book being "well-received" doesn't generally mean "everyone should follow all of the ideas in here."