People and organizations that operate in an idea meritocractic way will annihilate those that don't. It will also help to read "Make Your Idea Meritocracy Work in a Way That Suits You" (pg 320 and 321 of Principles).
Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital:
How To Have An Idea Meritocracy In Any Organization

How To Get And Stay In Sync With Coworkers And Teammates
It is harder to run an idea meritocracy in which disagreements are encouraged than a top-down autocracy in which they are suppressed. But when believable parties to disagreements are willing to learn from each other, their evolution is faster and their decision making is far better.

