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HomeRay Dalio’s ‘Hyper-Realism’ Defines ‘Sense on Cents’
Posted by Larry Doyle on October 22nd, 2010 9:12 AM |
In a world awash with lies, obfuscation, backstabbing, conflicts of interest, and those who prosper via these machinations, are there individuals and companies whose very core is defined by a perpetual pursuit of truth, transparency, and integrity? Of course there are many people who cherish these virtues and try to live and work by them. That said, within even the most well-intended organizational structure these principles will seemingly often be compromised for a variety of reasons. Is there an organization that not only promotes the pursuit of these virtues but has actually made them the foundation on which it operates and invests?
In fact there is. Let’s take a hard look at perhaps the single most successful fund in the markets today with a track record of success that would be the envy of all. I am talking of Bridgewater Associates based in Westport, CT.
Bridgewater is run by Ray Dalio. What does Ray have to say about his corporate philosophy? Let’s navigate as Ray writes, (more…)
When Will America be Honest with Itself?
Posted by Larry Doyle on February 2nd, 2010 9:05 AM |
Initially I intended to write this morning about the development of a bubble in China’s property market. As I was formulating my thoughts, this commentary took a turn. I went with it. I hope you will follow along.
I strongly and adamantly believe that before you can fix a problem, you have to be honest and acknowledge the reality and the core of the problem in the first place. I remain extremely concerned about the future of our economic landscape due to the very fact that I believe many within our society at large, and the financial and political spectrum specifically, are neither honest with themselves nor the American public. In fact, time and again I find myself thinking that the media and our financial and political leaders believe America can’t handle the truth. That’s is such bulls&*%! I believe that mentality, however, is pervasive and is poisoning our country.
In speaking with a friend just yesterday, I shared the use of a phrase which I believe is all too prevalent in far too many corners of our society and our economic landscape. What phrase is this? (more…)
