Bridgewater Associated founder Ray Dalio visits 'Mornings With Maria' hosted by Maria Bartiromo at Fox Business Network Studios on November 30, 2018 in New York City.Billionaire investor Ray Dalio is one of the best-known and successful fund managers in the world.
Dalio spoke about how conflict helped him build his company, and how disagreeing with others can eventually create better results. His firm, Bridgewater Associates, manages about $160 billion in assets and looks after roughly 350 clients.," he told the LinkedIn founder that one of the keys to success is embracing and taking on conflict. Dalio spoke about how conflict helped him build his company, and how disagreeing with others can eventually create better results.
He told Hoffman that he often thrashes ideas out with others, being "radically truthful." Although it can be awkward, he said, it also leads to better results because different ideas are heard, put forward, and implemented that wouldn't be otherwise."You don't have to say, 'I'm the guy who came up with the idea,' and be possessive about that," he continued. "You just want the best idea wherever it comes from.
"I was kind of caught in this dilemma," Dalio continued. "Should I not let them know what I really think? Should we behave differently? And that to me looked like slipping back into that other way of being. That sticks in my mind as a very difficult moment.""Look, I don't want to do this," he told them. "I don't want to make you feel bad.
This approach invites conflict without hurting people's feelings, Dalio said. The billionaire now abides by the principle that whenever he disagrees with someone, he pauses the conversation and establishes rules and protocols about how they behave to one another, allowing them to continue their conflict in a mutually agreed way.
Nazi Soros knows that very well!
Of course, you can't agree on everything bozos say out there.