To be a good entrepreneur, investor or strategist, you have to be an independent thinker.

“You have to be an independent thinker in markets to be successful because the consensus is built into the price. You have to have a view that’s different from the consensus.”

— Ray Dalio

Because the consensus is built into the best practices and the best practices produce average returns (now that they've been established as best practices). I'm sure that in a lot of other jobs, you need to be an independent thinker too. I'd like to meet more of them. I get along well with them. They make for great conversations.

But I had never thought about « thinking » this way.

Thanks Mr. Dalio.