Join 📚 Calepes’ Highlights

A batch of the best highlights from what Carlos ☕️'s read, .

Policymakers come from environments that nurture consensus, not dissent, that train them to react to things that have already occurred, and that prepare them for negotiations, not placing bets. Because they don’t benefit from the constant feedback about the quality of their decisions that investors get, it’s not clear who the good and bad decision makers among them are.

Principles

Ray Dalio

Every mistake that you make and learn from will save you from thousands of similar mistakes in the future.

Principles

Ray Dalio

It seems to me that if you look back on yourself a year ago and aren’t shocked by how stupid you were, you haven’t learned much.

Principles

Ray Dalio

...catch up on these, and many more highlights