Ray Dalio Profile picture
11 Oct, 4 tweets, 1 min read
It helps to clarify whether the weakness or mistake under discussion is indicative of a trainee's total evaluation. One day I told one of our new research people what a good job I thought he was doing and how strong his thinking was. It was a very positive initial evaluation. 1/4
A few days later I heard him chatting away at length about stuff that wasn't related to work, so I warned him about the cost to his and our development if he regularly wasted time. Afterward I learned that he thought he was on the brink of being fired. (2/4)
My comment about his need for focus had nothing to do with my overall evaluation. Had I explained myself better when we sat down that second time, he could have put my comment into perspective. (3/4)
To see this principle in action, check out this week's Case of the Week: principles.app.link/7S8j8T8Zkab (4/4)

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More from @RayDalio

23 Sep
Now that my app Principles in Action is available on Android & iOS in the US, UK, Spain, India, and Germany, I want to highlight the real life cases that are available within the app. They will show you the principles in action at Bridgewater via a Case of the Week. (1/4) Image
If you were already using the app via iOS, you might have gone through these cases already. As we resurface this content for our new users, we'd love to hear your feedback and thoughts on the cases – I hope you'll share them here. (2/4)
While fear often leads people to hide their weaknesses, openly exploring them is an essential part of personal development. (3/4)
Read 4 tweets
16 Sep
The relationship between the US and China is one of the three biggest forces that will impact our lives in many ways. (1/4)
Because I have had a lot of intimate contact with both countries and studied them in depth, I feel compelled to paint as honest and accurate a picture as I can... (2/4)
... even though I’ve been told that it’s risky to say the things I am saying given high level of emotions around the current US-China relationship. This picture will come to you in two installments which are part of my online series The Changing World Order. (3/4)
Read 4 tweets
10 Sep
Eric - I’m thrilled that you are encouraging exploration of how to promote global prosperity for countries in a debtors trap. I assume you are including the United States in that category because it is. (1/4)
This problem happened millions of times throughout recorded history and the answer was always the same. (2/4)
Mechanistically, if the debt is in one’s own currency (as is true for Americans most or most Chinese) then the money will inevitably be printed, devalued and, to a lesser extent, the debts will be restructured. (3/4)
Read 4 tweets
1 Sep
In most organizations, evaluations run in only one direction, with the manager assessing the managee. (1/4) Image
The managee typically disagrees with the assessment, especially if it is worse than his or her self-assessment, because most people believe themselves to be better than they really are. (2/4)
Managees also have opinions about managers that they wouldn’t dare bring up in most companies, so misunderstandings and resentments fester. This perverse behavior undermines the effectiveness of the environment and the relationships between people. (3/4)
Read 4 tweets
22 Aug
When I see things happen, my thinking always goes to principles. When I see what is now happening in politics, the principle that comes to mind is “When the cause that you are behind is more important than the system that binds you together, the system is in jeopardy.”
A related principle is: “Don’t let the little things divide you when you agree on the big things that should bind you together.”
What are those big things and overriding principles that most Americans can agree on that should bind us together?
Read 7 tweets
29 Jul
Sometimes you need to stand by and let someone make a mistake (provided it’s not too serious) so they can learn. (1/4) Image
It’s a bad sign if you are constantly telling people what they should do; micromanagement typically reflects inability on the part of the person being managed. (2/4)
It’s also not a good thing for you as a manager. Instead of micromanaging, you should be training and testing. Give people your thoughts on how they might approach their decisions, but don’t dictate to them. (3/4)
Read 4 tweets

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