Ray Dalio Profile picture
Jan 6 4 tweets 1 min read
While it pays to be open-minded, you also have to be discerning. Remember that the quality of the life you get will depend largely on the quality of the decisions that you make as you pursue your goals. #principleoftheday (1/4)
The best way to make great decisions is to know how to triangulate with other, more knowledgeable people. So be discerning about whom you triangulate with and skilled in the way you do it. (2/4)
The dilemma you face is trying to understand as accurately as you can what's true in order to make decisions effectively while realizing many of the opinions you will hear won't be worth much, including your own. (3/4)
Think about people's believability, which is a function of their capabilities and their willingness to say what they think. Keep their track records in mind. (4/4)

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ray Dalio

Ray Dalio Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @RayDalio

Dec 28, 2022
Having a hierarchy of merit is not only consistent with an idea meritocracy but essential for it. It's simply not possible for everyone to debate everything all the time and still get their work done. #principleoftheday (1/7)
Treating all people equally is more likely to lead away from truth than toward it. But at the same time, all views should be considered in an openminded way, though placed in the proper context of the experiences and track records of the people expressing them. (2/7)
Imagine if a group of us were getting a lesson in how to play baseball from Babe Ruth, and someone who'd never played the game kept interrupting him to debate how to swing the bat. (3/7)
Read 7 tweets
Dec 16, 2022
Along with the great group of folks listed here, I’m pleased to be offering 20,000 @TisBest Charity Gift Cards (at $50 each) for you to donate to your favorite charities. (1/4)
There are no strings attached. Our 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)
Thanks to @ariannahuff, @aplusk, Mila Kunis, @DrOz, @jeweljk, @jayshetty, @SloaneStephens, @JozyAltidore, Paul Tudor Jones and @ryans_recycling who all made generous contributions so that we could make this offer available to you. (3/4)
Read 4 tweets
Dec 15, 2022
I’m excited to share that I’m partnering with a great group of people to offer 20,000 @TisBest Charity Gift Cards ($50 each) so you can donate to the charities of your choice. There are no strings attached. (1/5)
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. (2/5)
For more than 10 years, I have given my friends and colleagues Charity Gift Cards that allow them to contribute to their favorite charities, and I’ve found this way of gifting wonderful. (3/5)
Read 5 tweets
Dec 8, 2022
I’d now like you to reflect on what you value the most so you can clarify your goals and get at the best principles for you. Your values are the deep-seated beliefs that motivate your behaviors and determine your compatibility with other people. (1/4)
I’ve learned from conversations with psychologists and from my own experiences that what people want arises from them a) being wired a certain way and... (2/4)
... b) trying to satisfy subliminal needs that are deeply hidden within them and that were formed by the combination of their nature and experiences they had but don’t remember. (3/4)
Read 4 tweets
Dec 8, 2022
Three to five smart, conceptual people seeking the right answers in an open-minded way will generally lead to the best answers. #principleoftheday (1/5)
It may be tempting to convene a larger group, but having too many people collaborate is counterproductive, even if the members of the larger group are smart and talented. (2/5)
The symbiotic advantages of adding people to a group grow incrementally (2+1=4.25) up to a point; beyond that, adding people actually subtracts from effectiveness. (3/5)
Read 5 tweets
Dec 6, 2022
In jazz, there's no script: You have to figure things out as you go along. Sometimes you need to sit back and let others drive things; other times, you blare it out yourself. #principleoftheday (1/5) Image
To do the right thing at the right moment you need to really listen to the people you're playing with so that you can understand where they're going.

All great creative collaboration should feel the same way. (2/5)
Combining your different skills like different instruments, improvising creatively, and at the same time subordinating yourself to the goals of the group leads to playing great music together. (3/5)
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(