To say that Ray Dalio was just a figurehead who was in the right place at the right time is about as ridiculous as saying he should get 100% of the credit. I'm

To say that Ray Dalio was just a figurehead who was in the right place at the right time is about as ridiculous as saying he should get 100% of the credit. I'm sure he had very hardworking employees and they were necessary for his success and the success of the company. But those employees had to be working on _something_. Deciding what that _something_ is (i.e. the company goal/strategy) and then coordinating the actions of hundreds of employees and motivating them towards that goal is what a leader/CEO does. Doing that successfully over many decades is not easy.