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The Boasters Razor Truly successful people rarely feel the need to boast about their success. If someone regularly boasts about their income, wealth, or success, it’s fair to assume the reality is a small fraction of what they claim.

“Razors” Are Rules of Th...

@SahilBloom on Twitter

Hitchens’ Razor What can be asserted without evidence can also be dismissed without evidence. The burden of proof regarding a claim lies with the one who makes the claim. If unmet, no argument is required to dismiss it.

“Razors” Are Rules of Th...

@SahilBloom on Twitter

For me, not telling people what’s really going on so as to protect them from the worries of life is like letting your kids grow into adulthood believing in the Tooth Fairy or Santa Claus. While concealing the truth might make people happier in the short run, it won’t make them smarter or more trusting in the long run. It’s a real asset that people know they can trust what we say. For that reason I believe that it’s almost always better to shoot straight, even when you don’t have all the answers or when there’s bad news to convey.

Principles

Ray Dalio

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