Ray Dalio Profile picture
Jan 17 4 tweets 1 min read
I regularly see people ask totally uninformed or nonbelievable people questions and get answers that they believe. This is often worse than having no answers at all. Don't make that mistake. #principleoftheday (1/4)
You need to think through who the right people are. If you're in doubt about someone's believability, find out.

The same is true for you: If someone asks you a question, think first whether you're the right person to answer it. (2/4)
If you're not believable, you probably shouldn't have an opinion about what they're asking, let alone share it.

Be sure to direct your comments or questions to the believable Responsible Party or Parties for the issues you want to discuss. (3/4)
Feel free to include others if you think that their input is relevant, while recognizing that the decision will ultimately rest with whoever is responsible for it. (4/4)

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More from @RayDalio

Jan 16
I admired Dr. Martin Luther King Jr. as he was a principled man with great principles. The few that come to mind that are especially relevant at this time are:

(1/7)
1. Hate cannot drive out hate; only love can do that.

(2/7)
2. We must either learn to live together as brothers or we are all going to perish together as fools.

(3/7)
Read 7 tweets
Jan 13
I have often seen less believable people (students) insist that the more believable people (teachers) understand their thinking and prove why the teacher is wrong before listening to what the teacher (the more believable party) has to say. #principleoftheday (1/4)
That's backward. While untangling the student's thinking can be helpful, it is typically difficult and time-consuming and puts the emphasis on what the student sees instead of on what the teacher wants to convey. (2/4)
For that reason, our protocol is for the student to be open-minded first. Once the student has taken in what the teacher has to offer, both student and teacher will be better prepared to untangle and explore the student's perspective. (3/4)
Read 4 tweets
Jan 6
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)
Read 4 tweets
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

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