Re:A chat with Ray Dalio
by ldjkfkdsjnv on Sunday June 12, 2022 @04:50PM
(#31718139)
Yeah I see I dont think Dalio is actually correct. I think he and bridgewater were the right place at the right time 30 years ago when they started. Returns at the fund actually havent been that amazing. I think he partly likes being in the public eye, and then its also good marketing for his firm.
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Everyone who is giving interviews likes being in the public eye. It’s extremely easy not to give interviews - unless you did something like a big crime or are the center of a big story accidentally, you actually have to go out of your way to continue being famous.
It’s also why I’m suspect of everyone famous. It’s just such a warped personality that seeks and maintains a public persona. Not saying that they are evil or bad people - just that their motivations are very suspicious and you should be extremely critical of what a public person says. The vast majority of successful and wealthy people are not public figures and don’t try and parlay their opinions into personal fame.
Good rule of thumb in general.
One technique Ive found of understanding if someone is genuinely knowledgeable or faking it is to read their books or listen to long form podcasts (not just interviews). More data points create a more complete picture.
Re:A chat with Ray Dalio
by chiefalchemist on Sunday June 12, 2022 @06:30PM
(#31718889)
Also probably more complete in the sense an interview is likely to be edited (to establish or reflect a particular narrative). Along the same lives the interviewer and questions are often set up in advance to accomplish the same.
Also how they handle genuine debates.
Re:A chat with Ray Dalio
by paulpauper on Sunday June 12, 2022 @07:37PM
(#31719303)
Returns at the fund actually havent been that amazing.
It's been amazing for his personal wealth, that much is true though