Ray Dalio's Formula for Business Leadership

There's a balance between uh autocratic leadership and democratic leadership. I don't believe either of those work. Okay.The autocratic leader is the person who believes that they have all the answers and just follow my instructions and I don't believe that works because they don't know enough and also they're not having the people with them. I don't think democratic leadership works like you take a survey or something and so I believe an idea meritocracy works. I I I I had a process of what we call believa ...