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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (76557)	7/19/2011 5:39:39 AM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 217850

From "Mastering the Machine" link: <After the meeting, Dalio told me that the exchange had been typical for Bridgewater, where he encourages people to challenge one another’s views, regardless of rank, in what he calls a culture of “radical transparency.” Dalio had no qualms about upbraiding a junior employee in front of me and dozens of his colleagues. When confusions arise, he said, it is important to discuss them openly, even if that involves publicly pointing out people’s mistakes—a process he referred to as “getting in synch.” He added, “I believe that the biggest problem that humanity faces is an ego sensitivity to finding out whether one is right or wrong and identifying what one’s strengths and weaknesses are.” > He certainly has the right idea. Being on the lookout for one's faulty ideas and being ready to flee from them at a moment's notice is crucial to panicking first, and panicking fast. It's wonderful that most people maintain entrenched positions defending them to end like Adolf in his bunker. It provides lots of time for those who prefer not to stand and fight to flee to higher ground, far fields, concealed caves. Mqurice