The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Dalio: Visionary leaders like Jobs and Musk prioritize mission over feelings
“The one that you're referring to is there's a test call in workplace inventory, which is called concern for others, and it doesn't really mean concern for others. What it means is that when faced with the choice of whether the mission is Or the individual's fe…”
Dalio: The bottom 60 percent of Americans have seen no income growth
“There is the top 40% and the bottom 60%. And if you just carve out and you say, what is the economy and life like of the bottom 60%? There hasn't been income growth, prospects of having a better life than your parents.”
Dalio: Society will collapse into conflict without shared principles
“If you don't have those principles and those ways of getting through that, we will be at each other's throats.”
Dalio: Designed the commodity hedging strategy behind McDonald's Chicken McNugget launch
“I contributed to the economic risk of being able to come out with a Chicken McNugget. Because it came out at a time when there was a lot of commodity price volatility, and McDonald's wanted to come out with a chicken McNugget, but they couldn't lock in a price…”
Dalio: One-third of Bridgewater employees fail to overcome cognitive barriers
“About a third of the people can't get through it, something like that. Over 18 months, you can pretty well find out where you are.”
Dalio: Documenting decision criteria enabled converting principles into software algorithms
“By writing it down, I was able to communicate with others, so it got us in sync, and then I was able to convert a lot of these two algorithms so that I was able to build a decision-making system.”
Dalio: Planning an app to crowdsource and vote on decision-making principles
“What I'm planning to do is to get the best principles from everybody and then make that all available on an app in which then people can then vote up what are the best principles for that particular thing that they're encountering, and so then when that thing …”