How to build a company where the best ideas win | Ray Dalio

What if you knew what your coworkers really thought about you and what they were really like? Ray Dalio makes the business case for using radical transparency and algorithmic decision-making to create an idea meritocracy where people can speak up and say what they really think -- even calling out the boss is fair game. Learn more about how these strategies helped Dalio create one of the world's most successful hedge funds and how you might harness the power of data-driven group decision-making.
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Пікірлер: 685

  • @HiFiClassical
    @HiFiClassical6 жыл бұрын

    First rate genius. Excited to be living at a time when information like this is available everywhere.

  • @luckylove72

    @luckylove72

    4 жыл бұрын

    Tell me u have fully read Thus Spoke Zarathustra.

  • @lilcflo9838

    @lilcflo9838

    3 жыл бұрын

    Right?!!!?

  • @vershajitendra199

    @vershajitendra199

    2 жыл бұрын

    @@luckylove72 w

  • @vershajitendra199

    @vershajitendra199

    2 жыл бұрын

    @@luckylove72 w

  • @petekdemircioglu

    @petekdemircioglu

    2 жыл бұрын

    @@luckylove72 Nietzsche?

  • @surajjoshi1555
    @surajjoshi15553 жыл бұрын

    Collective decision making is way better than individual decision making if it’s done right! Great words Mr. Dalio

  • @bookbeaches892
    @bookbeaches8925 жыл бұрын

    This guy has a beautiful voice. Glad he did the audio version of principle mostly himself! Great talk though. kitchenentrepreneur

  • @marketmojos2866

    @marketmojos2866

    4 жыл бұрын

    Kitchenentrepreneur true audiobook is awesome

  • @tinanyongesa
    @tinanyongesa Жыл бұрын

    This is just awesome! What a time to be alive. Thank you kindly for all the thought-provoking ways to radically transform our lives.❤️

  • @jamesr2991
    @jamesr29913 жыл бұрын

    Dalio's speech gave some great thoughts on investing and dot collecting algorithms. I enjoyed the segment on our emotional and intellectual sides that are constantly at odds.

  • @Brelicity
    @Brelicity5 жыл бұрын

    The biggest issue I see is social pressure from seeing other peoples results. The social pressure of not wanting to be called out, or the social pressure to follow what other people are doing. These social cues are hardwired and can change the flow of decisions within a group.

  • @kaylajordan8458

    @kaylajordan8458

    2 жыл бұрын

    I agree. I don't think it's as easy to see what people are really thinking as he claims.

  • @belayon2

    @belayon2

    Ай бұрын

    Could show the opinion grid anonymously to avoid much (not all) of the bias

  • @galeru
    @galeru6 жыл бұрын

    This man echoes with my thoughts and do it so eloquently. If there is ever some esoteric fundamental truths in this world, what he's talking about is certainly some of them.

  • @KNIGHTEXPLORER1
    @KNIGHTEXPLORER16 жыл бұрын

    Speckles One of the best TED talks I've seen, he is an incredibly interesting guy!

  • @kidd2128
    @kidd21286 жыл бұрын

    Wow this is really powerful content. Very informative! One of the best I've seen, it actually made me think that I am okay and there are people who simply can't open their mind to try to understand what I am saying sometimes. Thank you very much for sharing this information.

  • @joaoegoncalvess
    @joaoegoncalvess4 жыл бұрын

    Awesome! Ray went further on it than anybody else in how to take better decisions. Thanks a lot Ray.

  • @Kongolox
    @Kongolox6 жыл бұрын

    Brilliant! simply brilliant! this gives more power to the people who have more experience on a subject.

  • @animewatch4213
    @animewatch42135 жыл бұрын

    My boss could learn a thing or two from Dalio. I highlight an issue and mention a way to fix this issue to my boss, and my boss instead got annoyed that I am trying to do his job and assume that I am saying that "he can't think for himself."

  • @Wodepaya
    @Wodepaya5 жыл бұрын

    This is agreeably to listen ,thank you

  • @liangdong7462
    @liangdong74626 жыл бұрын

    Bought his book and really helpful to my personal growth.

  • @gudmundurrafngeirdalbragas1513
    @gudmundurrafngeirdalbragas15136 жыл бұрын

    That was quite amazing talk by Ray Dalio. It all seems to have developed from his evaluation of the default of Mexico in August of 1982. He deemed himself as having been too arrogant and found a way to stress test his opinions with the help of his staff, algorythms and computers.

  • @gudmundurrafngeirdalbragas1513
    @gudmundurrafngeirdalbragas15136 жыл бұрын

    By now I've listened to Ray's TED talk many times, often as I was reading the transcript. In my opinion he was right about the dept crisis in 1982 and thereby deserved a hearing by the congress.

  • @tomasramilison
    @tomasramilison5 жыл бұрын

    This is absolutely fantastic, so grateful he shared it.

  • @shivashrivastava4437
    @shivashrivastava44376 жыл бұрын

    Great Talk..i also just finished his book - 'Principles', and i must say that it is an eye opener, you can learn a lot from this man and his way of thinking!

  • @intellectualblackking162
    @intellectualblackking1626 жыл бұрын

    I enjoy this. Realness and Transparency are my favorite things in life let alone in a company

  • @guilhermeluispessoa5288
    @guilhermeluispessoa52882 жыл бұрын

    This whole concept and system is freaking amazing!

  • @superpurplepill
    @superpurplepill6 жыл бұрын

    A bright and rare example of advanced consciousness and the beauty of genuine perfection in its manifestation. For the first time in my life i see a person with a very similar to mine perception of the `world`. Identical thoughts about honesty, transparency, people's static unflexible opinions that hurts each one of its bearers and at the same time ego not giving you a chance to admit delusion, like an evil firewall, keeps mind in it's own prison, causing infinite algorithm that distorting information on input before analysis. Was very surprized. I am sincerely glad that this man exists somewhere and have intensions to improve all humanity trying explain his understanding of "fixing" and how to evolve. It's a true Wonder for me. Feel's goOod

  • @raimondasmarciulevicius7599
    @raimondasmarciulevicius75996 жыл бұрын

    Ray, thank you, good job. I agree that together we are stronger!

  • @Pax_Et_Veritas
    @Pax_Et_Veritas5 жыл бұрын

    So few people teach by pointing out their failures but it’s one of the best ways to learn.

  • @abhimat
    @abhimat6 жыл бұрын

    Important terms: "collective decision making, idea meritocracy, believability"

  • @alialsabe
    @alialsabe6 жыл бұрын

    Ray is one of my role models in life. Very inspiring man

  • @DanielSmedegaardBuus

    @DanielSmedegaardBuus

    3 ай бұрын

    Why?

  • @nitantpatel8218
    @nitantpatel82186 жыл бұрын

    When you're worth $17 Billion you can wear wtf you want okay? Also, this guy is a legend.

  • @hector5749

    @hector5749

    4 жыл бұрын

    You can wear anything or nothing if your worth $0.00 as well.

  • @abercrombiefitch5431

    @abercrombiefitch5431

    4 жыл бұрын

    Future ya 100% true but you won't be perceived the same way by others.

  • @alvinlee5942

    @alvinlee5942

    4 жыл бұрын

    @@abercrombiefitch5431 ha ha, 1st time i found the similarity between the very rich & very un-rich, or anti-rich, no body cares what you wear... i just found that similarity enlightening funny..... just like how a baby behaves & a very senile 90's years old, needing the pampering & attention, etc., is that what you guys are agreeing?

  • @Prince-lo3nz

    @Prince-lo3nz

    2 жыл бұрын

    @@hector5749 Facts

  • @solo_allforone7378

    @solo_allforone7378

    Жыл бұрын

    @@abercrombiefitch5431 if u care about wat othered people think about u will never be rich

  • @senzomasemola4968
    @senzomasemola49682 жыл бұрын

    Read about this from Steven R covey, and he calls it Valuing the difference. Letting people voice out their opinions getting then involved so they can be committed to the same idea as different as their opinions could be.. This man sounds so wise🥺🥺

  • @aussenseitermagazin
    @aussenseitermagazin4 жыл бұрын

    In fact I am dreaming of a social media site, where discussions are handled similarly. I am happy to see such tools are already built. meritocracy of ideas is a nice concept.

  • @aichabelemkoabga364
    @aichabelemkoabga3644 жыл бұрын

    With truthfulness and transparency: we all gain!!!

  • @TheBlackMamba242424
    @TheBlackMamba2424245 жыл бұрын

    Check out our blog! Share your thoughts on our content! Thank you! artisandimension.com/2018/05/31/cutting-room-floor/

  • @carlosbarros6705
    @carlosbarros67056 жыл бұрын

    Thanks you Ray for sharing your wisdom. Greetings for Colombia.

  • @varazdatgrigoryan3
    @varazdatgrigoryan34 жыл бұрын

    Awesome! What a wise man Ray is. Love the way he managed to create a healthy environment for meaningful and effective relationships. So smart, so simple, so genius!

  • @DanielSmedegaardBuus

    @DanielSmedegaardBuus

    3 ай бұрын

    Lol 😂

  • @mazharulhasan
    @mazharulhasan Жыл бұрын

    I watch this again and again why i watch this i don't know. Great speech ever i heared.

  • @fengqin821021
    @fengqin8210216 жыл бұрын

    It's one of the best lecture!

  • @vaibhavchutani8531
    @vaibhavchutani85316 жыл бұрын

    Yaaaaayyyyyy!!!! The book is finally here. Awesome.

  • @siddharthkaneria1
    @siddharthkaneria15 жыл бұрын

    Awesome. Respect for Ray Dalio.

  • @jarvisshan7196
    @jarvisshan71963 жыл бұрын

    appreciation and respect to the legend

  • @nhlanhlongeleza4240
    @nhlanhlongeleza42405 жыл бұрын

    That was so interesting. Thank you for sharing 😃

  • @greencoolmoss
    @greencoolmoss4 жыл бұрын

    THANK YOU RAY. GENIUS

  • @bitfinesse
    @bitfinesse4 жыл бұрын

    Nice story of Ray learning risk management 👍

  • @aGr3atD4y
    @aGr3atD4y Жыл бұрын

    What a great "lecture"! Ray is such a brilliant and generous man with his wealth of knowledge and experience

  • @tllong124
    @tllong1244 жыл бұрын

    This is great. I love this!

  • @Pheenam
    @Pheenam2 жыл бұрын

    This talk is a great summary and supplementary to his book

  • @Ayushkumar-cv3er
    @Ayushkumar-cv3er6 жыл бұрын

    Every word you Said was so true.

  • @carloseduardonaranjosuarez5917
    @carloseduardonaranjosuarez5917 Жыл бұрын

    Thank you Mister Daslio, I love your DOT COLLECTOR, amazing tool for improving our entire lifes

  • @GanpatiRam
    @GanpatiRam Жыл бұрын

    Thank you so much sir Ray Dalio 😊 We Love you sir❤

  • @drohitkumar5978
    @drohitkumar59784 жыл бұрын

    Perfect and 100% true.....emotions are good, they make you more human/empthatic.....60% time cloud your judgement, and make you more vulnerable //////////world is tough place........this is the more practical and efficient way to run .......

  • @yoanashih761
    @yoanashih7616 жыл бұрын

    The most-liked idea sometimes not equal to the best idea.

  • @marcsmithsonian9773
    @marcsmithsonian97734 жыл бұрын

    I love the idea if meritocracy. Brilliant.

  • @79mjm79
    @79mjm794 жыл бұрын

    This talk is underrated.

  • @1995yuda
    @1995yuda3 жыл бұрын

    What an amazing human being Ray is, I'm at a loss for words. Just...Thank you.

  • @1995yuda

    @1995yuda

    3 жыл бұрын

    @pedro garcia I've read the article. I don't get why you say he's a conman... Nobody's perfect and every business this big acts shady sometimes. People are just being human and so does Ray.

  • @jasperknight5781
    @jasperknight57814 жыл бұрын

    This is Amazing!

  • @chrisr326
    @chrisr3265 жыл бұрын

    Humility a great thing.

  • @macmaine3506
    @macmaine35066 жыл бұрын

    best Ted talk hands down

  • @brandontea3815
    @brandontea38154 жыл бұрын

    I respect Ray Dalio because of his kinda down to earth vibe he has.

  • @dahuya1
    @dahuya1 Жыл бұрын

    so great! learned a lot. I will put this transparency into practice in my team

  • @qentrepreneurship9987
    @qentrepreneurship99876 жыл бұрын

    Simply the best HF manager of last 20 y... Very captivating and inspirational... I enjoyed reading his Opus Magnum " Principles and How does Work The Economics Machine"

  • @LuanaVasco88
    @LuanaVasco886 жыл бұрын

    His expression is excellent.

  • @dhyanmukta
    @dhyanmukta5 жыл бұрын

    What a great transformation

  • @peculiaroluwagbemiro5656
    @peculiaroluwagbemiro56564 жыл бұрын

    Brilliant, just brilliant.

  • @cheriemonami
    @cheriemonami4 жыл бұрын

    I watched a video of him a while back (which I'm trying to find) and he influenced me to be absolutely honest with myself. No dog at my homework excuses. No excuses at all, just the truth. It has not been easy. But...one of the things that has occurred is that I recognize when someone is lying and it's not in the eyes. It's more about ego and how ego protects us from feeling inferior. Anyway, that's been my experience and I'm wanting to take this philosophy another step.

  • @ArberBaj

    @ArberBaj

    3 жыл бұрын

    Hey, if you find that video I'd be very grateful if you could post it under here. Would love watching that myself, your experience sounds awesome!

  • @cheriemonami

    @cheriemonami

    3 жыл бұрын

    @@ArberBaj I can't find it but if I ever do I'll let you know.

  • @didier4529
    @didier45296 жыл бұрын

    Brilliant man!

  • @CannaGlobeTV
    @CannaGlobeTV6 жыл бұрын

    A True Genius! Full Transparency with the smartest minds in the world; that's what makes the magic happen!

  • @erikkazuo6768
    @erikkazuo67684 жыл бұрын

    Ray Dalio, um dos grandes disruptivos modernos existentes. Com certeza as pessoas são baseadas no comportamentos de outros, e essa auto reflexão depois de olhar sobre uma perspectiva mais ampla, pode acabar mudando sua forma de pensar, julgar ou alguma coisa nesse sentido.

  • @avarmauk
    @avarmauk2 жыл бұрын

    Dalio is the best of the best. He is one of the few who can weigh up arguments from different perspectives and reach a sensible conclusion. He is also weary of fooling himself.

  • @victorrey37
    @victorrey375 жыл бұрын

    I've had great ideas that worked and bad ideas that didn't and I had supporters and critics of both! Googling this soon!

  • @yahalife
    @yahalife3 жыл бұрын

    True! A leader must inspire or his team will expire.

  • @migueleduardo6297
    @migueleduardo62974 жыл бұрын

    its amazing how there are many diferent ways to sucess, great investors like P. Lynch or WB thinks make decisions alone is the best way. Ray Dalio made coletively, and boths became sucessful

  • @hayatmuzain3681
    @hayatmuzain36814 жыл бұрын

    I have always liked his insights.

  • @nissankarki917
    @nissankarki9172 жыл бұрын

    Awesome talk by one of the best.

  • @pecelirovucago7149
    @pecelirovucago71492 жыл бұрын

    Thanks a lot Ray!

  • @user-pi8wc8uc8y
    @user-pi8wc8uc8y4 жыл бұрын

    thank you

  • @animaaura
    @animaaura6 ай бұрын

    Bridgewater was always a cult, and the only one who ever talked about what goes on there is Ray - the guy with all the power. There's a good reason why Bridgewater has probably the churn of any hedge fund - most people peace out of there before a year is up.

  • @themalmana
    @themalmana6 жыл бұрын

    HOW do you make people express themselves truthfully and in a way that they care??

  • @alliesteamc3546
    @alliesteamc35463 жыл бұрын

    We appreciate Mr. Ray Dalio’s generosity and effort to share his valuable lessons to help others. Many thanks!

  • @phoenixeyes7160
    @phoenixeyes71605 жыл бұрын

    I love Ray....

  • @djad3115
    @djad31156 жыл бұрын

    EXCELLENT!

  • @maxwiili
    @maxwiili6 жыл бұрын

    This man is a genius!!!

  • @bhavikpatel576
    @bhavikpatel5766 жыл бұрын

    I'm really curious about the dot collector. It seems like a useful tool, but I wonder how much time is dedicated to rating people vs having meaningful conversation.

  • @EdiFerreiranet

    @EdiFerreiranet

    4 жыл бұрын

    It seems that meaningful conversations are not the point, what matters is meaningful and effective work. Meaningful conversations is for friends and family outside of work.

  • @mikerecca

    @mikerecca

    4 жыл бұрын

    You have to make sure that there's no extremely sensitive person in your company if you wanna use Dot Collector.

  • @HVBRSoF

    @HVBRSoF

    4 жыл бұрын

    @@mikerecca this work environment works best for people who have high enough self-confidence to not be bothered what everyone else thinks of them. low-esteem people would work badly in this environment as they would constantly change their opinions and actions trying to get people to like them or rate them higher.

  • @michaelkennedy4646

    @michaelkennedy4646

    3 жыл бұрын

    It's all marketing for his hedge fund. This is probably a tool the employees despise using and never effectively use.

  • @Lerppunen

    @Lerppunen

    3 жыл бұрын

    mj k I don’t think the world’s biggest and the most successful hedge fund would need marketing like this.

  • @tianruiouyang3742
    @tianruiouyang3742 Жыл бұрын

    Thank you very much!

  • @vasqoh2775
    @vasqoh27754 жыл бұрын

    This is a very insightful TED Talk by Ray Dalio. Planning on reading his book in the future.

  • @Tomas-ml9nv

    @Tomas-ml9nv

    4 жыл бұрын

    You are a npc this is the worst idea in the history of man. It has disastrous implications.. enjoy being a brainless zombie.

  • @vasqoh2775

    @vasqoh2775

    4 жыл бұрын

    @@Tomas-ml9nv I'm a NPC, doesn't make any sense but alright. How is a idea meritocracy "the worst idea in history of man." Elaborate please. You're just throwing fabrications around.

  • @rejinnellolimeethal9830
    @rejinnellolimeethal98306 жыл бұрын

    Best Ted Talk..

  • @essiotll
    @essiotll6 жыл бұрын

    This is great - imagine applying this to news and politics - the anti-bubble.

  • @parallax3808
    @parallax38083 жыл бұрын

    most chilled public speaker i've ever seen

  • @ABEAST187
    @ABEAST1876 жыл бұрын

    Wow! This is genius!

  • @NitishMehta08
    @NitishMehta086 жыл бұрын

    Now that's definitely an idea worth spreading ! Looking forward to trying this as an experiment in my startup.

  • @davidmathews5245
    @davidmathews52454 жыл бұрын

    This is quiet something. Taking the idea and leaving the humane part of the person behind. Effective. Impressive.

  • @Lawliet734

    @Lawliet734

    4 жыл бұрын

    @david "This is quiet [sic] something." Quite/quiet: You are quite the quiet type.

  • @rozzy523
    @rozzy5236 жыл бұрын

    I found out about Dalio in the book An Everyone Culture. A fantastic read on becoming a DDO ( Deliberately Development Organization ). I highly recommend if anyone is interested in how his and two other companies develope and invest in their employees.

  • @lancecorporal7605
    @lancecorporal76055 жыл бұрын

    5:16 wow lighting up seems so shocking nowadays...

  • @kwanpakshing
    @kwanpakshing6 жыл бұрын

    All these ideas and principles are pit together in his book " Principles". Pretty good.

  • @mrself9130
    @mrself91306 жыл бұрын

    One of the Greatest hedge fund managers of all time.Looking forward to apply for internship at Bridgewaters once I go to college.🙏🏾👊🏾

  • @habibbialikafe339

    @habibbialikafe339

    2 жыл бұрын

    are you in college yet?

  • @FaridFathony
    @FaridFathony Жыл бұрын

    this is so great and genius

  • @UsmanKhan-qs9ib
    @UsmanKhan-qs9ib3 жыл бұрын

    Hats off to this guy Admits on a very big platform TED That he was arrogant and it led him to rock bottom, then shares his secrets of success and teaches others to learn from it.

  • @tatianajimenez1456
    @tatianajimenez14566 жыл бұрын

    Sir, you are amazing

  • @drkumaranujkgmc

    @drkumaranujkgmc

    6 жыл бұрын

    Tatiana Jimenez

  • @lizcrittenden8744
    @lizcrittenden87446 жыл бұрын

    This is how it should be!!!

  • @MrFrancochelsea
    @MrFrancochelsea6 жыл бұрын

    Thomas Aquinas and Aristotele were right at valuing the truth over emotions, amazing story logical thinking.

  • @LuxiBelle
    @LuxiBelle6 жыл бұрын

    How to do the opposite: fire the guy who says the company is an echo chamber.

  • @ucefkh

    @ucefkh

    6 жыл бұрын

    lol

  • @remyllebeau77

    @remyllebeau77

    6 жыл бұрын

    We are so tolerant we will fire you for having and expressing the wrong opinion!

  • @Miranox2

    @Miranox2

    6 жыл бұрын

    Google: Totally not evil

  • @buckybone89

    @buckybone89

    6 жыл бұрын

    If the guy's using data that's been utterly disproven to make his argument, then yeah, fire him, he's too much of a dumbass to work there.

  • @JonathanGarneau

    @JonathanGarneau

    6 жыл бұрын

    Dalio's advice would be to stress test that opinion.

  • @primaryadministration6190
    @primaryadministration61904 жыл бұрын

    Great stuff . Enjoyed the video

  • @yanja640
    @yanja6406 жыл бұрын

    One of the best philosophers of our era! Thank you for your work mr. Ray Dalio.

  • @victorrey37
    @victorrey375 жыл бұрын

    Dot Collecting is one of the most incredible ways I have ever seen to get people to truly communicate and work well together! Wow!

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