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Bridgewater's Ray Dalio

The David Rubenstein Show

CHAPTER

The Best Ideas Win Out From Wherever Come From

When i would make decisions, i would think about what of the criteria that i would use to make the decisions. Those are the principles. And then in our culture, which is this idea of maritocracy, we would say, ar those criteria, good or bad,. Then we would try to put them into algorithms and equations. They're not theoretical principles, and people seemd to find them valuable. But it's very constant self examination. Employees have to be self examined by their peers. Or other people in the firm. It's so logical, but that doesn't mean everybody wants to do it.

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