What Ray Dalio thinks about democracy

@ray-dalio · 21 positions · On ppll ↗

Founder of Bridgewater Associates, which he led from 1975 until stepping back from control in 2022. Author of Principles, The Changing World Order and How Countries Go Broke; publishes economic analysis at economicprinciples.org.

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Only Ray Dalio on democracy. See everyone on democracy

1 dated position, 2022, in their own words. Our reading of what Ray Dalio has said — not written or endorsed by them.

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27 Sept 2022

Our readingEqual votes are not sensible because people's thinking has different merit, so an idea meritocracy has to know the merit of people's thinking.

Their wordsDemocratic decision making and that means everybody has the same votes the same opinion that's not sensible because they have different merits to that so if you have an idea meritocracy you have to know also the Merit of people's thinking

↗Ray Dalio: Principles for a Life Well Lived | Knowledge Project Podcast Archiveyoutube.com 9th of 12 in this recording