Bridgewater's...........................

..............................................self-reinforcing evolutionary spiral:

1.   We went from on independent thinker who wanted to achieve audacious goals to a group of independent thinkers who wanted to achieve audacious goals.

2.   To enable these independent thinkers to have effective collective decision making, we created an idea meritocracy based on principles that ensured we would be radically honest and transparent with each other, have thoughtful disagreements, and have idea-meritocratic ways of getting past our disagreements to make decisions.

3.   We recorded these decision-making principles on paper and later encoded them into computers and made our decisions based on them.

4.   This produced our successes and failures, which produced more learnings, which were written into more principles that were systemized and acted upon.

5.   This process resulted in excellent work and excellent relationships that led us to having well-rewarded and happy employees and clients.

6.   That led us to be able to bring n more audacious independent thinkers with more audacious goals to strengthen this self-reinforcing upward spiral.

     We did that over and over again, which produced the evolutionary looping behind Bridgewater's forty-plus years of success.

-Ray Dalio, Principles:  Life and Work