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
Revealing My ENTIRE $20 Million Dollar Portfolio | 31 Years Old
[Music] What’s up, Duncan? It’s Donuts here. So, almost a year ago, I made a video breaking down in extreme detail every single one of my investments: how I started, how I built them up, how much money they make, and the lessons I’ve learned along the wa…
Saving the Florida Wildlife Corridor | National Geographic
[Music] Florida is like no other place on earth. It’s the land, it’s the water, it’s the people. And the Florida wildlife corridor is the backbone that connects it all. But we are seeing changes because of those thousand people a day that are moving to Fl…
An Urgent Warning For Investors | The Coming Recession
What’s up guys, it’s Graham here. So, I think it’s about time that we address a topic that I’m sure a lot of us have considered, and that would be an upcoming recession. After all, in the last few weeks, the yield curve began to flatten as an early recess…
Capturing a Carnivorous Bat on Camera | National Geographic
[Music] When National Geographic asked me to photograph this bat story, I was really excited because it was an opportunity to work with some really interesting scientists, like Rodrigo. I get to work with the species I’ve never seen before. Very little h…
Methods for subracting 3 digit numbers
Hello! In this video, we’re going to think about techniques for subtracting three-digit numbers. So, let’s say we wanted to figure out what 357 minus 156 is. Pause this video and see if you can somehow figure this out. You don’t have to be able to, becaus…
Warren Buffett is Selling His Largest Stock.
Have you or your investment manager’s views of the economics of Apple’s business or its attractiveness as an investment changed since Berkshire first invested in 2016? Here we go, everyone! Buffett is back, making headlines, and this was a big one: Warre…