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.

The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more.

[HiFiClassical]

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

[Brelicity]

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.

[surajjoshi]

Collective decision making is way better than individual decision making if it’s done right!

Great words Mr. Dalio

[tinanyongesa]

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

[galeru]

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.

[senzomasemola]

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🥺🥺

[jamesr]

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.

[gudmundurrafngeirdalbragas]

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.

[bookbeaches]

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

kitchenentrepreneur

[shivashrivastava]

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!

[Pax_Et_Veritas]

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

[aGratDy]

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

[nitantpatel]

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

[varazdatgrigoryan]

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!

[superpurplepill]

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

[drohitkumar]

Perfect and 100% are good, they make you more time cloud your judgement, and make you more vulnerable is tough is the more practical and efficient way to run

[cheriemonami]

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.

[joaoegoncalvess]

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

[carloseduardonaranjosuarez]

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

[alialsabe]

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