Principles: Life and Work

by Ray Dalio

In addition to collecting “dots” about people in meetings, we collect data on our people in numerous other ways (reviews, tests, the choices people make, etc.). All these dots are analyzed via computerized algorithms based on stress-tested logic in order to create pointillist pictures of what people are like. That logic is typically shared with and vetted by the people in the company to help its objectivity and believability. We then capture these pictures in Baseball Cards, which are a simple way of presenting a person’s strengths and weaknesses and the evidence behind them (in much the same way as a baseball card does for a professional baseball player).