请问你们在桥水是怎么样做决策的?极度透明的决策方式能否用于投资组合决策?我知道极度透明是一条原则,但是我在努力地去了解个人成长决策和业务决策之间的不同之处。我想这两种决策是可以并存的吧?
在桥水,第一,涉及知识产权的事宜(以及其它如个人隐私和公开后可能损害我们的事务)不会透明公开;第二,极度透明在帮助公司变得更好的同时,也增强了个人成长。了解事实(包括一个人的缺点)有利于个人的成长。几乎没什么人在理性上认为不真实、不透明更有利于个人和公司的发展,而持反对观点的人主要认为那样会令人感到不自在,但这个理由并不充分,因为想要成功,就要做最正确的事,而不是自在的事。养成习惯后,你会发现极度求真和公开透明会变得自在,而不这样做(或周围有不真实、不透明的人),反而会让你感到很不自在。
At Bridgewater, 1) intellectual property (and some other things such as some personal matters of people and info that would harm us if made publicly available) won’t be made transparent, and 2) self-improvement is enhanced by radical transparency at the same time the company gets better. Knowing what’s true (including one’s weaknesses) is powerful for personal development. There are very few people who intellectually think that being less truthful and less transparent is usually better for the individual or the company than being more truthful and transparent. The main argument against it is that it’s uncomfortable, which isn’t a good argument because doing what’s best and not what’s comfortable is what it takes to be successful and, with habit, being radically truthful and transparent will become comfortable and not being that way (and being around people who are not very truthful and transparent) will become very uncomfortable.