Ray Dalio Profile picture
Mar 5 7 tweets 2 min read
Some ways of thinking will serve you well for some purposes and serve you poorly for others. It is highly desirable to understand one's own and others' ways of thinking and their best applications. Some qualities are more suitable for some jobs. #principleoftheday (1/7)
For example, you might not want to hire a highly introverted person as a salesman. That's not to say an introvert can't do that job; it's just that a gregarious person is likely to be more satisfied in the role and do a better job. (2/7)
If you're not naturally good at one type of thinking, it doesn't mean you're precluded from paths that require it. (3/7)
It does, however, require that you either work with someone who has that required way of thinking (which works best) or learn to think differently (which is difficult or even impossible). (4/7)
On the other hand, sometimes I see people dealing with each other, especially in groups, without regard for these differences. They are like the parable of the blind men touching different parts of an elephant and arguing about what it is. (5/7)
Just think about how much better it would be if people were open-minded enough to realize that none of them have the complete picture. (6/7)
Both people expressing their own views and those considering others' views need to take each other's differences into account. These differences are real, so it's dumb to pretend they don't exist. (7/7)

• • •

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

Mar 3
Too many people get hired because they are just "one of those." #principleoftheday (1/4) Image
If you're looking for a plumber you might be inclined to fill the job with the first experienced plumber you interview, without ascertaining whether he has the qualities of an outstanding plumber. (2/4)
Yet the difference between an ordinary plumber versus an outstanding one is huge. When reviewing any candidate's background, you must identify whether they have demonstrated themselves to be extraordinary in some way. (3/4)
Read 4 tweets
Mar 1
The process for choosing people should be systematically built out and evidence- based. #principleoftheday (1/10) Image
You need to have a people-hiring machine in which the goals are clearly stated so that the outcomes can be compared with them and the machine (the design and the people) producing the outcomes can evolve to improve. (2/10)
Organizations typically hire people by having job candidates' resumes reviewed by semi-random people based on semi-random criteria... (3/10)
Read 10 tweets
Feb 28
Values are the deep-seated beliefs that motivate behaviors and determine people's compatibilities with each other. People will fight for their values, and they are likely to fight with people who don't share them. (1/4) #principleoftheday
Abilities are ways of thinking and behaving. Some people are great learners and fast processors; others possess the ability to see things at a higher level. Some focus more on the particulars; still others think creatively or logically or with supreme organization. (2/4)
Skills are learned tools, such as being able to speak a foreign language or write computer code. (3/4)
Read 4 tweets
Feb 24
If they choose to have a primarily win-win cooperative-competitive relationship, they must take into consideration what is really important to the other and try to give it to them in exchange for them reciprocating. #changingworldorder #principleoftheday (1/6)
In that type of win-win relationship, they can have tough negotiations done with respect and consideration, competing like two friendly merchants at a bazaar or two friendly teams at the Olympics. (2/6)
If they choose to have a lose-lose mutually threatening relationship they will primarily think about how they can hurt the other in the hope of forcing the other into a position of fear in order to get what they want. (3/6)
Read 6 tweets
Feb 22
So long as you bear the consequences of failure, you are the ultimate Responsible Party. #principleoftheday (1/6)
For example, while you might choose to delegate the responsibility of figuring out how to handle your illness to a doctor, it is your responsibility to pick the right one, since you will bear the consequences if he does a bad job. (2/6)
Or if you were building a house, would you go to an architect and say "show me the kinds of houses I can build" or would you tell the architect what kind of house you want to live in? (3/6)
Read 6 tweets
Feb 17
Ultimately, power will rule. This is true of any system. #principleoftheday (1/5)
For example, it has repeatedly been shown that systems of government have only worked when those with the power value the principles behind the system more than they value their own personal objectives. (2/5)
When people have both enough power to undermine a system and a desire to get what they want that is greater than their desire to maintain the system, the system will fail. (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!

:(