Masters in Business cover image

Ray Dalio Live (Replay) with Barry Ritholtz (Podcast)

Masters in Business

00:00

I Want an Idea Meritocracy

I want an idea of meritocracy. In other words, I want the best ideas to win. As opposed to where it comes from. That's our edge. Your edge is thoughtful. Well, we'll get to the middle one in a moment. Okay. So let me give you one sentence. An idea meritocracy, which the goals are meaningful work and meaningful relationships, through radical truthfulness and radical transparency. By everybody being able to see most things, you build trust,. You're dealing with most things without the blur of hiding stuff that's in people's heads.

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