A Quest for Meritocracy
Vision for a better future of work
Part 1: The Case on Idea Meritocracy
September 23, 2017
It was 11:00 pm, my eyelids were getting heavy. As I was about to leave my desk and head to my warm and comfortable bed, my phone started to blink out message notifications from my friend LJ.
Judging from the preview on my iPhone, he had sent me a link to a TED Talk. He then followed up with messages like “Urgent” and “You must watch this.”
I clicked the link and saw an old guy with a high forehead (the one you saw earlier actually) but who nevertheless looks like a nice person, who turned out to be Ray Dalio, founder and Co-CIO of the largest hedge fund in the world, Bridgewater Associates. His talk was uploaded only 2 weeks ago.
He gave a fascinating talk. It’s one of the most thought-provoking ones I’ve watched on TED. It also stirred up controversy: on one hand, his ideas garnered skepticism from the internet with many YouTube trolls calling his organization a cult, while on the other, he was viewed as the Steve Jobs of the investment world.
He introduced a decision-making process that he called an “Idea Meritocracy”
