kerkko.fi

Pack of Hyenas

Media_httploridevotic_dhoac

Ray Dalio is a billionaire hedge fund manager who makes more money in a day than most Americans in their lifetime. Hedge funds are the top of the Wall Street food chain, and Dalio runs the largest one of all, Bridgewater Associates.

Dalio, a self-described "hyperrealist," is author of a book of maxims leaked recently via the financial blog Dealbreaker. Dalio titled his collection "Principles," and he makes every Bridgewater employee memorize it. This is what Dalio has to say:

When a pack of hyenas takes down a young gnu, is that good or evil? At face value, that might not be "good" because it seems cruel, and the poor gnu suffers and dies. Some people might even say that the hyenas are evil. Yet this type of apparently "cruel" behavior exists throughout the animal kingdom.

Like death itself, it is integral to the enormously complex and efficient system that has worked for as long as there has been life. It is good for both the hyenas who are operating in their self-interest and the interest of the greater system, including those of the gnu, because killing and eating the gnus fosters evolution.

http://www.alternet.org/story/146964/top_billionaire_hedge_funder_sees_himself_as_a_hyena_devouring_wildebeests_/

Read the rest of this post »

11
To Posterous, Love Metalab
statistics for vBulletin