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
Working at Big Tech Companies Can Be a Trap - Michael Seibel
Hello, my name is Michael Seibel. I’m a CEO and partner at Y Combinator. Before YC, I was co-founder of a company called Justin.tv that later became Twitch and sold to Amazon, and another company called Socialcam which sold to Autodesk. One of the most c…
Bitcoin For The Intelligent Layperson. Part One: Context.
[Music] In 2008, an anonymous person going by the name Satoshi Nakamoto wrote a paper describing a protocol for a digital currency called Bitcoin. Bitcoin brought together ideas discussed on the cipherpunk mailing list during the 1990s. The cipherpunks st…
Episode 1 Recap | MARS
Previously on Mars, we knew Mars wouldn’t welcome us with open arms. Warning system offline. Permission was switched from primary to backup. “Do it. Prepare for V’s propulsion.” We were ready to give everything to get there. Mission Control, us in datal…
The Apple Vision Pro Was Always Doomed to Fail
Imagine you just spent $4,000 on an Apple Vision Pro. You excitedly bring it home and set it down on your coffee table. As you open the premium-feeling Apple packaging, the smell of the fresh plastic and metal fills you with a familiar joy. You strap on …
Jacksonian Democracy part 4
So we’ve been talking about Jacksonian Democracy, and when we last left off, Andrew Jackson had defeated John Quincy Adams in the election of 1828, largely by claiming that Quincy Adams had won the previous election through a corrupt bargain. So Jackson …
Triangulation Is One of My Keys to Success
There are two schools of thought. Some entrepreneurs believe that mentors and coaches are a huge integral part of their life. I know that I’ve had spiritual mentors, financial mentors, career mentors. I’ve had mentors in every area of my life. I see you a…