Ray Dalio
👤 SpeakerAppearances Over Time
Podcast Appearances
I viewed your story, what you just told me is just another one of those.
Now you keep doing it, it'll become apparent to you how everything's another one of those, because what'll happen is the next time around, you're gonna find, I don't know, let's say you're firing somebody, use that as an example, you would say, okay, now I'm firing somebody, again.
Okay, now let me just kinda reflect.
Would I modify that principle?
And how would I do that?
And then, okay, now maybe you're firing somebody who's been with you for 10 years and you love.
And that's not the same as firing the son of a bitch who you wanna get rid of.
So then you refine that.
How should I deal with that one and that?
And why does it make sense?
Because that reflection, why does it make sense?
Why does it make sense?
And really wanting truthfulness,
You know, not worry about being embarrassed.
Making mistakes, we're gonna be on the struggle with all of you together is a good thing.
It's simple, because all you have to do, really, is to sort of say, if you start to think everyone's another one, and I was, when I'm making a decision, I just gotta write down why I made the decision.
I don't care how you title it.
Okay, just write down, okay, okay.
What are your criteria?
Write it down.