Trust in Truth


Understanding, accepting, and knowing how to effectively deal with reality are crucial for achieving success. Having truth on your side is extremely powerful. While the truth itself may be scary—you have a weakness, you have a deadly disease, etc.—knowing the truth will allow you to deal with your situation better. Being truthful, and letting others be truthful with you, allows you to explore your own thoughts and exposes you to the feedback that is essential for your learning. Being truthful is an extension of your freedom to be you; people who are one way on the inside and another on the outside become conflicted and often lose touch with their own values. It’s difficult for them to be happy, and almost impossible for them to be at their best. While the first-order effects of being radically truthful might not be desirable, the second- and third-order effects are great.

Be extremely open.

Openness leads to truth and trust. Being open about what you dislike is especially important, because things you don’t like need to be changed or resolved. Discuss your issues until you are in synch or until you understand each other’s positions and can determine what should be done. As someone I worked with once explained, “It’s simple–just don’t filter.” The main reason Bridgewater performs well is that all people here have the power to speak openly and equally and because their views are judged on the merits of what they are saying. Through that extreme openness and a meritocracy of thought, we identify and solve problems better. Since we know we can rely on honesty, we succeed more and we ultimately become closer, and since we succeed and are close, we are more committed to this mission and to each other. It is a self-reinforcing, virtuous cycle.

Have integrity and demand it from others.

Integrity comes from the Latin word integer, meaning “one.” People who are one way on the inside and another way outside lack integrity; they have duality.

The second- and third-order effects of having integrity and avoiding duality are great. Thinking solely about what’s accurate instead of how it is perceived helps you to be more focused on important things. It helps you sort the people you are around and the environments you are in. It improves the organization’s efficiency and camaraderie because the secret things that people think and don't say to each other drive resentment and key issues underground and don’t lead to improvement. Having nothing to hide relieves stress.

Be radically transparent.

Provide people with as much exposure as possible to what’s going on around them. Allowing people direct access lets them form their own views and greatly enhances accuracy and the pursuit of truth. Winston Churchill said, “There is no worse course in leadership than to hold out false hopes soon to be swept away.” The candid question-and-answer process allows people to probe your thinking. You can then modify your thinking to get at the best possible answer, reinforcing your confidence that you’re on the best possible path.


Folksonomies: truth integrity

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Winston Churchill:Person (0.766286 (positive:0.333903)), Bridgewater:City (0.674007 (positive:0.422913))

Truth (0.985670): dbpedia | freebase
Mind (0.774246): dbpedia | freebase | opencyc
Thought (0.769169): dbpedia | freebase | opencyc
Better (0.766462): dbpedia
Reason (0.735871): dbpedia | freebase
Winston Churchill (0.720310): dbpedia | freebase | opencyc | yago
Virtue (0.670190): dbpedia | freebase | opencyc
Core issues in ethics (0.664448): dbpedia
Reality (0.650686): dbpedia | freebase
Alfred Tarski (0.607345): dbpedia | freebase | opencyc | yago
2006 albums (0.582983): dbpedia
Knowledge (0.578008): dbpedia | freebase
Critical thinking (0.572267): dbpedia | freebase | opencyc | yago
Virtuous circle and vicious circle (0.571775): dbpedia | freebase
Logic (0.570819): dbpedia | freebase | opencyc
Concepts in metaphysics (0.566897): dbpedia
Sojourner Truth (0.530460): dbpedia | freebase | opencyc | yago
Theory (0.517181): dbpedia | freebase
Fact (0.508562): dbpedia | freebase

Books, Brochures, and Chapters>Book:  Dalio, Ray (2017), Principles, Retrieved on 2017-01-03
  • Source Material []
  • Folksonomies: management


    18 MAY 2011

     Living the Scientific Life

    Habits, actions, and culture for living life like a scientist.