Ray DalioPosted: July 25, 2020
In a “Principles” app that takes its name and lessons from a bestselling memoir by Mr. Dalio, this week’s case study on meaningful work and relationships features a video from a 2013 “Family Reunion” for employees who had been at Bridgewater for at least a decade.
“Every one of these people here is, you know, my family,” Mr. Dalio said in the video. “I’ve watched them grow up, like, coming out of college and watching them get married and have their kids. You know, I didn’t behave any different to the people I work with than with my kids.”
Some of the employees who appeared in the video were among those laid off this month, said people familiar with the matter.
from Friday’s Wall Street Journal piece, “Bridgewater Associates Lays Off Several Dozen Employees,” by Juliet Chung.
Ray Dalio is a beloved figure here at Helytimes. If you’ve read Principles, this behavior is not inconsistent, I’m sure he told these employees that to achieve success they must first face and accept harsh realities.