I am not saying Mr. Dalio is a fool but someone should have familiarized him with the quote attributed to Lincoln*:
"Better to Remain Silent and Be Thought a Fool than to Speak and Remove All Doubt"
This is bad. and what is worse is so many people recognize it is bad, just from this brief clip.
From the Twitter feed of Lux Capital's Josh Wolfe (who seems to be the flavor of the month):
Sorry, fanboys
— Josh Wolfe (@wolfejosh) November 30, 2021
Emperor has no clothes.
pic.twitter.com/a7uNPjLzOb
The comments are stunning in their unanimity.
Previously from/on Josh Wolfe:Bitcoin: Going Down Just Means More Upside
The creator of Internet Explorer is making mind control a reality
Some of our links on Mr. Dalio are in "Dalio’s Hedge Fund Risks Being Dumped by Pension on Weak Returns" and here are some rando links posted over the years:
- Bridgewater's Ray Dalio Really Didn't Like The Wall Street Journal Story on His Brain (he's also against fake news)
- Frederick Taylor and Ray Dalio's Brain: "Working for an Algorithm Might Be an Improvement"
- Matt Levine: "The Case Against Bridgewater Isn't Proven"
*Maybe it wasn't Lincoln. From The Quotations Page:
...It's been attributed to many persons, but seems to have its roots in the Bible:
It is better to remain silent and be thought a fool, than to open your mouth and remove all doubt . -- George Eliot
Better to remain silent and be thought a fool than to speak out and remove all doubt.-- Abraham Lincoln (also attr. Confucius)
It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.-- Mark Twain (1835-1910)
Even a fool, when he holdeth his peace, is counted wise: and he that shutteth his lips is esteemed a man of understanding. -- Bible, 'Proverbs' 17:28.There are no citations for Lincoln or Twain. I have my doubts about Confucius.
