Ray Dalio
Ray Dalio

@RayDalio

3 Tweets 5 reads Apr 04, 2023
This is a great way of expressing what Tim Urban, and I, and many others have discovered about how to be successful through failing well and accepting what you don’t know. (1/3)
In this great diagram he shows what I call the β€œlooping” process of 1) failing leading to 2) gaining the fear of being wrong, which 3) produces open-mindedness that 4) produces the learning that makes one successful. (2/3)
This process brings about the epiphany of discovering that how you deal with what you don't know is much more important than anything you know. Thanks for the great diagram @waitbutwhy! (3/3)

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