I'm Scared Of One Man,

When I Say I Believe In Radical Truth And Radical Transparency, All I Mean Is We Take Things That Ordinarily People Would Hide, And We Put Them On The Table, Particularly Mistakes, Problems, And Weaknesses. We Put Those On The Table, And We Look At Them Together. We Don't Hide Them.

Principles Are Concepts That Can Be Applied Over And Over Again In Similar Circumstances As Distinct From Narrow Answers To Specific Questions. Every Game Has Principles That Successful Players Master To Achieve Winning Results. So Does Life. Principles Are Ways Of Successfully Dealing With The Laws Of Nature Or The Laws Of Life. Those Who Understand More Of Them And Understand Them Well Know How To Interact With The World More Effectively Than Those Who Know Fewer Of Them Or Know Them Less Well.

A Beautiful Deleveraging Balances The Three Options. In Other Words, There Is A Certain Amount Of Austerity, There Is A Certain Amount Of Debt Restructuring, And There Is A Certain Amount Of Printing Of Money. When Done In The Right Mix, It Isn't Dramatic.

As Harvard Developmental Psychologist Robert Kegan, Who Has Studied Bridgewater, Says, In Most Work Places Everyone Is Working Two Jobs. The First Is Whatever Their Actual Job Is; The Second Consists Of Managing Others' Impressions Of Them, Especially By Hiding Weaknesses And Inadequacies - Which Is An Enormous Waste Of Energy.

I Have A Bad Rote Memory, But I Tend To Learn Through My Experiences. And Then When I Went Into The Markets, And Then Starting My Business As An Entrepreneur, That Affected My Thinking A Lot, Too, Because In Order To Be Successful As Both An Investor And An Entrepreneur, One Has To Be An Independent Thinker And Bet Against The Consensus And Be Right. Because The Consensus Is Built Into The Price, And If You're Not An Independent Thinker In The Markets You Won't Succeed. And If You're Not An Independent Thinker As An Entrepreneur Starting Out, You're Not Going To Bring Anything Special.