In a political system where people are increasingly intolerant of opposing viewpoints, Ray Dalio’s “Principles” offer a diametrically different path forward. In a book of the same title released September 19, Dalio advocates for an “idea meritocracy” that involves “ radical transparency ” in looking at and searching for opposing viewpoints to assist in decision-making. These broad concepts can apply to how the White House is managed just as it could to the corporate boardroom, he told ValueWalk in an interview conducted on October 2nd, 2017 (stay tuned for part II of this interview). [dalio] In an idea meritocracy the…
Dalio Says His "Principles" Useful In The Board Room Or…. The White House
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.