The Secrets Of Ray Dalio And His Dot Collector Transparency Software
ฝัง
- เผยแพร่เมื่อ 27 พ.ค. 2024
- Rob Copeland, author of The Fund and New York Times reporter, joins Big Technology Podcast
Listen to the full interview, and others like it, on your podcast app of choice:
Spotify: spoti.fi/32aZGZx
Apple: apple.co/3AebxCK
Etc. pod.link/1522960417/ - บันเทิง
They did a Black Mirror episode about people going around rating each other.
This seems like such an awful place to work.
This feels like people rating people
I was reasonably satisfied with this episode. I give you a solid 4 😅
Lol
Nah the urinal story is hilarious 😂
Interesting. Thanks. toronto canada
Would be a great author for a book about Enron🙏
I can recommend "Conspiracy of Fools" when it comes to Enron...
Ray Dalio claims to live by radical transparency. When it comes to what really matters to customers, has he been transparent to customers about the investments? I listen to his videos. He has been pretty opaque when it comes to how he invests.
The book was excellent. It calls out the fraud and hypocrisy that most, if not all, of the "icons" perpetuate. Folks who become rich and successful in one aspect of life often believe that there is something beyond special about them that allowed for this success. That's how you get goofs like Dalio, Musk, Jobs, etc. and on and on. Inevitably it leads to systems of abuse. The Fund does an excellent job of documenting and demonstrating the narcissistic insanity of Dalio's "Principles," which is a classic representation of "Rules for thee, not for me," as Dalio sees himself as infallible. He's a putz. A billionaire, granted. But a putz.
Do higher-ups get more believability for winning a poll against someone else? I could see how that could be exploited by polling new hires on whatever they say but not sure if it works that way
Very interesting. You develop a system so intricate and connected to social work dynamics, that you can get more control over your company. Every decision made has to be made with you in mind. Extreme leverage. It’s fascinating 🧐
No, it's not fascinating, it's Orwellian.
why does ray need the dot collector to fire people or shame them? he is the boss. he can just get rid of anyone he doesnt like. no need for this weird ranking system to justify it.
i mean even if this culture is beneficial in some weird way. it sounds like they spend a lot of time on stuff unrelated to running a hedge fund.
Cope-land.
I listened to the whole interview and didn't hear one legitimate reason to write a hit piece of a book on Dalio. Every Wall Street hedgefund and trading firm is going to try and incorporate their own internal methods to achieve high-performance. It's a highly competitive, but also highly coveted job that pays well. Maybe the methods work, maybe they don't. The proof is in the pudding.
And this guy is an editor, not someone who is familiar with the markets and how they work. Anyone who is will tell you there is no secret sauce or formula. That's a common misconception. If it was easy, everyone would do it. Instead, it's a matter of taking calculated risks. That's probably why Dalio has a system that refines people by their contributions and performance. Becusse if you are going to risk the fund's money it will be becuase you can trust the source. Don't like it, maybe the job isn't for you.
All in all, I think this guy has an agenda. I'm not sure why though. There isn't enough here worth complaining about.
i think it would be useful to declare that rob interviewed at bridgewater and was rejected🤣
Watch till the end, we cover this
Who do you listen to? These guys or Ray? 😒. I'd go with Ray any other day.
Ray can have any other day and we will take today, thank you!
"Ray Dalio, 50% obvious, 50% nonsense." (Sebastian Mallaby, Tyler Cowen). Open secret on Wall Street. He never speaks on Bridgewater's black box quant algo (43:20) which is what makes the money, which is the only reason any of us even know who Ray Dalio is.
th-cam.com/video/WzTos4RDCks/w-d-xo.html&si=0e--p0aH7LN5zfKW
Ray is a China shill. He's a nut
Ok so he is a bad person demon crazy or what ever
What now?His company will be gone?He should be abandoned?
What now?what was the purpose?
We know the pee story,Now what?
We won’t listen to his financial opinion any more?
Any comments of his philanthropic works?For education?
They all go into trash after this book?
What if people start investigating this journalist?His personal life,his relationships and etc to judge his book?Is it good?
Please, did Rob Copeland actually read Ray Dalio’s book thoroughly? He has made numerous misrepresentations in this interview about the specifics in Principles and left out critical points, e.g. “his philosophy can be boiled down to we should just be honest with one another” is not true, his work on creating the organisational culture in Bridgewater is based on his belief in an Idea Meritocracy and all of the tools that got created were for supporting that. Dalio frequently exposes his own weaknesses and repeatedly states that people should do their own thinking rather than follow him blindly. The only evidence he offers for Dalio’s unbelievability is that he stated numerous times that a crash was coming???? The rest is all supposition and hearsay.
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