yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Ray Dalio & Bill Belichick on Tough Love: Part 2


2m read
·Nov 8, 2024

Sometimes I think in a, uh, non-sports environment, nonathletic environment, the people who come in might not react as well to that as in a sports environment. Because necessity makes it clear, and you do it. Sometimes it's more challenging than that when you deal with a weakness.

I'll give you an example. We had a case where we rate all the different people and for a lot of statistics and so on, and these are your baseball cards. These are baseball cards, right? And then we have a list, and somebody's last on the list. Okay, some people can go through that, and some people can't go through that. But it's okay—here are your points, and that's what it is.

And what do you do to get better? You always want to help people. So it takes a certain kind of person in our environment to say, "Okay, that's where I am on the list, and what do I do about it?" And it's not so easy sometimes. I suspect it's more straightforward in your game. Do you think I...?

Well, I do. I think the good thing is to be on the list, to be part of the New England Patriots. I've been last on the list before. Um, and you either find ways to create more value for yourself on the team and in the organization, or they replace you.

So I think all of us—most all of us—have been last on the list at some point in time. Um, but yeah, again, to me, the important thing is, you know, making a commitment to get better. And so, you know, is it hard to admit your weaknesses? Yes. But again, if you don't address them, your opponents will. That's right.

More Articles

View All
Principal-Agent Problem: Act Like an Owner
We spoke earlier about picking a business model that has leverage from scale economies, network effects, zero marginal cost of replication. But there were a few other ideas on the cutting room floor that I want to go through with you. The first one was t…
Why I’ll never use Stash investing
What’s the guys? It’s Graham here. So, after posting my review on Acorns Investing, many of you have asked that I review another investing app known as Stache. And no joke, this was such a popular request! At least a few hundred of you have asked for this…
How Nothing Founder Carl Pei Built A Multi-Million Dollar Smartphone Brand In Just 2 Years
Today, on the main function, we’re hanging out with Carl, the founder of Nothing. He built a smartphone company that launched two years ago, and in those two years, they’ve gotten to $600 million in annualized revenue. So we’re going to talk about that an…
Worked examples: Forms & features of quadratic functions | High School Math | Khan Academy
The function M is given in three equivalent forms, which form most quickly reveals the Y intercept. So let’s just remind ourselves, if I have a function, the graph y is equal to M of x. These are all equivalent forms; they tell us that the function M is g…
Unlimited Resources From Space – Asteroid Mining
Аhhh, casually watching a video on YouTube on a computer more powerful than anything humanity could build a few decades ago. Тhis progress and all the wonderful machines you take for granted are built on a few rare and precious materials with names like T…
15 Signs You’re in Money Trouble
If you know what to look for, you can spot the signs that you’re in money trouble way before it all comes crashing down. Because your behavior shows the signs earlier than your bank account does. It seems to happen so suddenly. One month you’re fine, keep…