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8 of the best answers from Ray Dalio’s LinkedIn AMA session

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Billionaire hedge-fund founder Ray Dalio loves answering questions.

Dalio held a LinkedIn AMA on Monday, allowing users to ask Dalio questions about everything from his 2017 best seller, “Principles,” to his future plans for sharing his knowledge, including a training course Dalio said was “in the works.” Dalio previously held a Reddit AMA last May.

Read more: 8 highlights from hedge-fund billionaire Ray Dalio’s Reddit AMA session

Dalio honed his work principles after founding Bridgewater Associates, the world’s largest hedge-fund, in 1975. Bridgewater Associates currently holds about $160 billion in assets under management.

Dalio answered questions about one of his most well-known principles, something he he calls “radical transparency”: The idea that employees should be completely honest with one another to ensure success, while remaining respectful. He also discussed “idea meritocracy,” which involves having the courage to make the best decision in difficult circumstances, regardless of opinion.

“I particularly want to explain how a great idea meritocracy with radical truth and radical transparency really works,” Dalio said in a video attached to the post. “But feel free to ask me any questions you have about work principles.”

Here are some of Dalio’s best responses from his latest round of online Q&A.

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