Dalio stresses slowing down thoughts and writing clear principles before deciding. He says that surfacing problems and being radically open‑minded keep teams honest. He also warns that letting one person hold all power can be dangerous. He likens a good plan to a movie script, where every scene is planned.
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Ray Dalio is a hedge fund manager, best known for Principles for Navigating Big Debt Crises.
Quick Facts About Ray Dalio
Born
August 1, 1949
Profession
Hedge Fund Manager
Notable works
Principles for Navigating Big Debt Crises
About Ray Dalio
Ray Dalio is an American billionaire investor who founded Bridgewater Associates, a very large hedge fund.