Everyone makes mistakes and has weaknessesand that one of the most important things that differentiates people is their approach to handling them.Love real integrity (saying the same things as one believes) and despise the lack of it.Being truthful was an extension of freedom to be yourself - do not have dissonance as this often prevents you from being your best. Being completely truthful, and letting others be completely truthful, allows me and others to fully explore our thoughts and exposes us to feedback that is essential for our learning Finding out what is true, regardless of what that is, is good because you can then deal with these things so they don't stand in your way.Achieving success is simply a matter of accepting and successfully dealing with all realities Failure is by and large due to not accepting and successfully dealing with the realities of live.What he has learned since starting Bridgewater:.Started investing in commodities future because margins were low, then learned a lot about currency and eventually ran a commodities division on wall street until being fired for insubordination.Limit bets to the limited number of things you are confident in.What he wants most of all for those working with him are to work for yourself, come up with independent opinions, stress-test them, be wary about being overconfident and reflect on the consequences of your decisions and constantly improve.Don't care about their conclusions,just the reasoning that lead to these conclusions.Come up with independent opinions and then stress-test them against the smartest people you can find to see where you're wrong.Work for what you want, not what others want you to do.The consensus is often wrong, so be an independentthinker.
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