Employees at the World’s Largest Hedge Fund Use iPads to Rate Each Other’s Performance in Real-Time

(The Business Insider) At Bridgewater Associates, the world’s largest hedge fund, all 1,500 employees are constantly rating each other across more than 100 attributes on a 1-10 scale. In a newly released presentation from the TED 2017 conference in April, Bridgewater founder, chairman, and co-CIO Ray Dalio explained to the audience how this approach fit into his life philosophy. “My objective has been to have meaningful work and meaningful relationships with the people I work with, and I’ve learned that I couldn’t have that unless I had that radical transparency and that algorithmic decision-making,” he said. “I want to show you why that is. I want to show you how it works.”

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