Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
To your earlier point, you're going to be wrong so often that if you go into something thinking I'm infallible, I'm going to have all the right answers, you're just headed towards disaster.
So my question is, how do we set up a situation where people can disagree well?
What is that structure?
So how do we get people to worry?
For people that aren't familiar with Lincoln, how much have you looked into him?
His idea of a team of rivals sounds like very similar to what you're saying about having a bipartisan cabinet.
Is he somebody that you've looked at or...
So when, whether it's at Bridgewater or elsewhere, how do you facilitate people disagreeing well?
Because let's say that you have an intern going against your chief investment officer, like how would you, do you take that person seriously?
They have little to no experience.
How do you set that up so that you don't waste time, but at the same time you get the best ideas?
Yeah, that's something that we found really effective here is rules of engagement is how we refer to it.
So whether it's the two minute rule or something else, but ultimately getting people to understand, I'm saying this in the context of somebody who's trying to figure out how we get
We know that the big cycle has a high degree of predictability, and I'm willing to accept that maybe the US can't remain the reserve currency forever.
Maybe we're not going to be the dominant world superpower forever, but that I want to handle that transition out as well as possible.
And usually phase five to six ends with literal bloodshed, and things have to get so painful before people can correct course.
And so trying to give people a framework, I know you're saying that maybe I'm looking at the structure too much, but I think in framework.
So what's that rubric by which people can go into, whether it's the 2024 election, whether I think right now we're still in gridlock with the budget or the debt ceiling or whatever it is.
giving people ways to navigate through this well.
And so my thing is everything begins with the goal.