Ray Dalio & Bill Belichick on Going from Nothing to Something Big: Part 2

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·Nov 8, 2024

And then communicating well, because when I went from the 67 who knew me and knew where I was coming from, and then I had to go to another level, how was I going to keep that same communication, that same idea of meritocracy? That's why I started to write down principles.

Okay, so I'm having to make decisions. Well, I wanted everybody to be in it with me. By doing the videos and taping everything, so everybody could see, then they could see what's being made, and so that helped the idea of meritocracy.

One of the challenges that I found is to be totally straightforward with people. That was one of the best things about your book, was how direct you are and how you talked about, you know, leaving your ego at the door, giving honest feedback, constructive criticism, not being offended by really something that's trying to help you.

You and being able to accept, in our case, being able to accept coaching, being able to accept instruction, and then taking positive action to improve. That's a big part of our culture, but the way you articulated in the book was fantastic, and it really showed a strong commitment to that. That's obvious in Bridgewater; you do a lot of that.

2009 Berkshire Hathaway Annual Meeting (Full Version)

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Ray Dalio & Bill Belichick on Going from Nothing to Something Big: Part 2

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