why aren't all 9 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Disclosure
Bridgewater records nearly all internal meetings and discussions
“All discussions, meetings are taped and pretty much unless it's an ultra personal matter. We don't do that unless it's something proprietary. We don't do that, but when we're encountering other things most things, we let people see things, and the reason is if…”
Disclosure
Dalio has no attachment to Bridgewater's culture after his departure
“No, no, it's, I would say it's like a family in the next generation, right? It's now up to others to make that choice, to not be attached.”
Disclosure
Dalio: Bridgewater debates decision criteria rather than individual choices
“Rather than thinking about what our decision is, we spent more time thinking about what our criteria for making the decision is.”
Disclosure
Dalio: Bridgewater scores team members to conduct believability-weighted voting
“And we literally have scores of these tests and whatever they are that become the scores. So we have believability weighted voting.”
Disclosure
Wealth was never Dalio's priority, just a byproduct of good work
“And, you know, for money, for me, money was not very much a priority to begin with. It just happened to be the thing that I do. It produces a lot of money if you do it well.”
Disclosure
Dalio: Bridgewater's 1982 crash forced him to borrow $4,000 from his father
“I was so broke that I had to borrow 4000 dollars from my dad”
Disclosure
Dalio plans to release Bridgewater's internal management tools publicly
“A lot of these tools I'd like to get out there and make public at some point, I'm figuring out how to do that.”
Disclosure
Dalio requires reasonableness and considerateness in all of his relationships
“The only two things I require in a relationship are people to be reasonable, in other words, able to reason, and to be considerate. And I will give People an enormous amount of that, and I expect an enormous amount of that. And that's in all relationships.”
Disclosure
2017 marks Dalio's transition out of the Bridgewater CEO role
“2017 is my transition year. It's why I wrote the book, and it's why I'm in that process.”