Ray Dalio Quotes About Decisions

Quotes about: Decisions

• I'm scared of one man, one vote because it suggests that everybody has an equal ability at making decisions, and I think that's dangerous.

  Ray Dalio

  Men, Thinking, Decision

  Source: www.businessinsider.com

• I'm scared of people with power making the decision.

  Ray Dalio

  People, Decision, Scared

  Source: www.businessinsider.com

• In order to get past disagreements, you just can't have one person with power decide. In other words, so just because I'm a boss, it would be terrible if I then said, "Okay, we're gonna go do this." That's why, after that thoughtful disagreement, there has to be a process of an idea meritocracy. That means okay, now you have to vote, not that the decision resides with power. And then you vote and move beyond it.

  Ray Dalio

  Moving, Mean, Thoughtful

  Source: www.businessinsider.com

• To have an idea meritocracy, one needs to do three things. First, they have to put their honest thoughts on the table, for everyone to look at and everyone to work through. Second, they need to have thoughtful disagreement, by which there are quality exchanges, in which there's open mindedness and the realization that no one has all the right answers. And you can work through that and get to better answers because good collective decision making is better than any individual decision making. And third, you have to have ways of getting past the disagreements if they remain.

  Ray Dalio

  Thoughtful, Past, Decision

  Source: www.omnivoracious.com

• I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.

  Ray Dalio

  Believe, Thinking, Decision

  "Ray Dalio, head of the world's largest hedge fund, explains his succession plan for Bridgewater and how its 'radically transparent' culture is misunderstood". Interview with Richard Feloni, www.businessinsider.com. March 21, 2016.

• When you're faced with a choice, you have one of three choices that you can have. You can have those with power decide. You can have one man, one vote. Or you can have believability-weighted decision-making.

  Ray Dalio

  Men, Choices, Decision

  Source: www.businessinsider.com

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