Rayd Dalio News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> you have this fascinating new book out. i don't 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, you're the boss but you're completely 100% wrong? >> i need that. y yes, and i need that. i do that because i need advertisement set up a ...

Can't speak up? you can't 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 there's a challenge a lot of people have emotionally. shouldn't disagreement be a source of curiosity? if people are disagreeing, somebody must be wrong. how do you know that wrong person isn't you? it raises the probabilities of making a better decision and also increases the quality of the relationships. so, yes. >> ray dalio, pleasure to have you on. ...

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. >> you're 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 break it up into the two pieces what do those differences