Ray Dalio Profile picture
Jan 26 5 tweets 2 min read
There will come a point in all processes of thinking things through when you are faced with the choice of requiring the person who sees things differently from you to slowly work things through until you see things the same way... #principleoftheday (1/5)
...or going along with the other person, even though their thinking still doesn't seem to make sense. I recommend the first path when you are disagreeing about something important and the latter when it's unimportant. (2/5)
I understand that the first path can be awkward because the person you are speaking to can get impatient. To neutralize that I suggest you simply say, "Let's agree that I am a dumb shit but I still need to make sense of this, so let's move slowly to make sure that happens." (3/5)
One should always feel free to ask questions, while remembering one's obligation to remain open-minded in the discussions that follow. Record your argument so that if you can't get in sync or make sense of things, you can send it out so others can decide. (4/5)
And of course, remember that you are operating in an idea meritocracy--be mindful of your own believability. (5/5)

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More from @RayDalio

Jan 25
When they're at odds, you should work hard to resolve the disagreement.

If you are about to make a decision that the believability-weighted consensus thinks is wrong, think very carefully before you proceed. #principleoftheday (1/4) Image
It's likely that you're wrong, but even if you're right, there's a good chance that you'll lose respect by overruling the process. (2/4)
You should try hard to get in sync, and if you still can't do that, you should be able to put your finger on exactly what it is you disagree with, understand the risks of being wrong, and clearly explain your reasons and logic to others. (3/4)
Read 4 tweets
Jan 17
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)
Read 4 tweets
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

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