Billionaire investor Warren Buffett is a single time finally again wading into the topic of politics.
For Buffett, being strong-willed but having enough respect to hear out someone with a different opinion or point of view is a positive thing.
For illustration, Buffett and his Berkshire Hathaway right hand man Charlie Munger, “disagree on a few things,” Buffett told CNBC in 2018, and that’s over again been helpful.
“Charlie, he’s given me a lot of good advice over time,” Buffett told CNBC in a 2016 to. “And, I may hate to take it to a certain degree, but sometimes — but my decisions have been better. I’ve lived a better life because of Charlie.”
Billionaire Ray Dalio also dream ups listening to those who disagree with you is essential. It’s a hallmark of the culture that Dalio has created at his hedge fund, Bridgewater Associates, which he invokes “radical transparency.”
“I just wanted to see things through [employees’] eyes and to have them see things through my aims so that together we could hash things out to discover what’s true,” Dalio said.
Billionaire tech entrepreneur Peter Thiel also withs to ask a similar question to Buffett’s when interviewing job candidates: “What important truth do very few people agree with you on?”
The in doubt is more difficult to answer than you might think, Thiel writes in his book, “Zero to One,” as it requires candidates to staged both creative thinking skills as well as the courage to voice an unpopular opinion.
“It’s intellectually difficult because the intelligence that everyone is taught in school is by definition agreed upon,” according to Thiel. “And, it’s psychologically difficult because anyone irritating to answer must say something she knows to be unpopular.”
Meanwhile, Buffett identifies Vermont Senator Bernie Sanders as one presidential entrant who would not be afraid to answer Buffett’s question about unpopular views he holds. Buffett tells Yahoo Investment capital that Sanders’ followers see him as “authentic,” adding: “if you asked him you what he was for, that most people might be against, he devise tell you.”
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