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The more Dalio gets public, the more I'm doubting his game. His book ''principles'' is interesting, however with time its starting to look like an elaborate ma
by jplr8922 6y ago
The more Dalio gets public, the more I'm doubting his game.
His book ''principles'' is interesting, however with time its starting to look like an elaborate marketing plan. I have no doubt that he his serious about his principles and business culture, but there are second order effects to make everyting public. In the case of his firm culture (which claims to be an idea meritocracy), it will attract certain kind of people.
The same can be said about marketing his financial views. The guy is already rich. He is smart. Why does he needs to post everything on linkedin, suddenly?
I have a hard time understanding the underlying strategy of his public persona. Earlier this year he made a long post about the way he used his principles to deal with the accidental death of his son. I mean, why would he do that?
Does he wants people to think like him? Why?
- TuringNYC 6y agoI see it as him trying to leave a positive legacy. He realizes he's done fantastically as an investor, is aging, and wants to leave a non-financial legacy to the world.
- jplr8922 6y agohmm you are right : https://www.linkedin.com/pulse/your-life-journey-exercise-ray-dalio/?trackingId=toH6RWcT18sHZRENni2KmQ%3D%3D https://www.linkedin.com/pulse/your-life-journey-exercise-ra...
- nabla9 6y agoRay Dalio (age 71) stepped down from the Bridgewater co-CEO position in 2017. He is now a active retiree who has time in his hand. It's typical for elderly gentlemen to focus on their legacy. Since he moved his home office to Singapore and is heavily invested in China, he has become very careful about talking negative about China and is more prone to paint negative picture on the US and the West.