Rayd Dalio News Today

>> you have this fascinating new book out. i dont want to let you go without asking you one thing that everybody wonders about. you talk about it in the book and you are famous for it. at your firm there is this idea of radical transparency, which means people have to disagree clearly, publicly with others. and people always wonder, do you take it to the point where people in your firm actually, routine routinely look you in the eye and tell you ray dalio, youre the boss but youre completely 100...

Cant speak up? you cant build a culture that way. in order to have independent thinkers around to get at the best ideas and have great collective decision making, you have to be able to have thoughtful disagreement to rise above it. i think theres a challenge a lot of people have emotionally. shouldnt disagreement be a source of curiosity? if people are disagreeing, somebody must be wrong. how do you know that wrong person isnt you? it raises the probabilities of making a better decision and als...

All this deeply worries ray d dalio, who wrote a blog post on linkedin, sounding the alarm. i wanted to talk to him about how he sees the problem. he is also the author of a much discussed new book called principles. pleasure to have you on. >> thanks for having me on. >> youre doing well, u.s. is doing well. shares are doing well. u.s. stock market is hitting highs. and yet you call code red on the american economy. what do you mean? >> two things. i think the averages are misleading. if you br...