What Ray Dalio thinks about humility

@ray-dalio · 21 positions · On ppll ↗

Founder of Bridgewater Associates, which he led from 1975 until stepping back from control in 2022. Author of Principles, The Changing World Order and How Countries Go Broke; publishes economic analysis at economicprinciples.org.

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Only Ray Dalio on humility. See everyone on humility

3 dated positions, 2022, in their own words. Our reading of what Ray Dalio has said — not written or endorsed by them.

3 positions so far — this page is not yet offered to search engines.

1. 27 Sept 2022

   Our readingAsking "how do I know I'm right?" and triangulating, instead of assuming one is right, gives the humility to balance audacity and brings open-mindedness.

   Their wordsI went from thinking you know I'm right to asking myself how do I know I'm right in other words how do I triangulate it gave me the humility I needed to balance with my audacity and so then it gave me an open-mindedness

   ↗Ray Dalio: Principles for a Life Well Lived | Knowledge Project Podcast Archiveyoutube.com 2nd of 12 in this recording

3. 27 Sept 2022

   Our readingHolding wrong opinions one is attached to and does not stress test may be the greatest tragedy of most people, and putting ideas out to be stress tested raises the probability of being right.

   Their wordsI think the greatest tragedy of mankind and the greatest tragedy of most people is to hold opinions in their head that are wrong that they're attached to and that they don't stress test it's so easy to take those ideas and properly put them out there in an idea meritocratic way and have them stress tests which raises the probabilities of being right

   ↗Ray Dalio: Principles for a Life Well Lived | Knowledge Project Podcast Archiveyoutube.com 3rd of 12 in this recording

5. 27 Sept 2022

   Our readingPeople who succeed in an idea meritocracy balance assertiveness with open-mindedness, holding an independent opinion while knowing it could be wrong and being curious about it.

   Their wordsdescribe it as the balance of assertiveness and open-mindedness to know that you're not blindly following then you have an opinion you have an independent thing and to know that that opinion simultaneously could be wrong and to then be curious

   ↗Ray Dalio: Principles for a Life Well Lived | Knowledge Project Podcast Archiveyoutube.com 10th of 12 in this recording