Ray Dalio Profile picture
10 Dec, 4 tweets, 3 min read
Last week, I offered 10,000 @TisBest Charity Gift Cards to donate to the charities of your choice. There were no strings attached - my hope was simply that you'd experience the joy of receiving a charitable gift rather than a traditional one. That offer was gone in 90 minutes.1/3
I'm now happy to share that since then, a great group of people— @ariannahuff, @aplusk, Mila Kunis, @Kevin, @JayShettyIW, @reedhastings, @DrOz, @GayleKing, David McCormick, Dina Powell McCormick, @marcericlore, Paul Tudor Jones and Chris Haire—has stepped up to contribute...(2/3)
...so that we can together make a new offer.

This time, we’re offering 20,000 @TisBest Charity Gift Cards (at $50 each) so that even more of you have an opportunity to experience this unique kind of giving. Stay tuned for an announcement on their release Friday 12/11. (3/3)
At the rate this campaign keeps picking up steam, we may have to give away another round of cards next week. If you’d like to contribute to help make that happen, shoot me a message.

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More from @RayDalio

7 Dec
It has been an incredible joy to give people the gift of a donation to their favorite charities and to show them how easy it is for them to do the same for others. (1/5)
It’s also been thrilling to receive nearly 2,000 notes from wonderful people many of whom are giving away these charitable gifts themselves now that they know how easy and wonderful it is. This is going viral because it’s so great. (2/5)
With the help of other donors who decided to join me in making this offer — @reedhastings, @kevin, @ariannahuff, @DrOz, @JayShettyIW, and a number of others — we are going to donate another million dollars’ worth of @TisBest Charity Gift cards. (3/5)
Read 5 tweets
3 Dec
This year, I’m offering you a $100 @TisBest Charity Gift Card to donate to the charities of your choice. There are no strings attached. (1/4)
My hope is simply that you will experience the joy of receiving a charitable gift rather than a traditional one and you might consider giving charitable gifts to your friends, families, and colleagues. (2/4)
For 10+ years, I've given friends and colleagues Gift Cards that allow them to contribute to their favorite charities, and I’ve found this way of gifting wonderful. The people I give these gifts to love them and I love hearing what their favorite charities are and why. (3/4)
Read 4 tweets
17 Nov
@Dr_Mario_MD I might be missing something about Bitcoin so I’d love to be corrected. My problems with Bitcoin being an effective currency are simple... (1/5)
@Dr_Mario_MD They are that 1) Bitcoin is not very good as a medium of exchange because you can buy much with it (I presume that’s because it’s too volatile for most merchants to use, but correct me if I’m wrong)... (2/5)
@Dr_Mario_MD 2) it’s not very good as a store-hold of wealth because it’s volatility is great and has little correlation with the prices of what I need to buy so owning it doesn’t protect my buying power, and... (3/5)
Read 5 tweets
17 Oct
Seeing things through others’ eyes helps me understand perspectives that are beyond my own experience. Sean @Diddy Combs, who asked me to mentor him, has taught me a lot. He helped me see what it’s like to be black in America today. (1/5)
Being suppressed, discriminated against, and certainly not helped leaves one forced to choose between just continuing to take it or standing up and not taking it anymore. (2/5)
If one doesn’t want to take it, one has to choose whether to operate within the system or to try to tear it down. I respect Sean both for standing up and for doing it within the system in a way that has the potential to make a big impact. (3/5)
Read 5 tweets
13 Oct
In most organizations, evaluations run in only one direction, with the manager assessing the managee. (1/4)
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
11 Oct
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)
Read 4 tweets

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