I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which they and I cherish.

As Harvard developmental psychologist Robert Kegan, who has studied Bridgewater, says, in most work places everyone is working two jobs. The first is whatever their actual job is; the second consists of managing others' impressions of them, especially by hiding weaknesses and inadequacies - which is an enormous waste of energy.

What matters most is that the people you work with share your values.

The big question is: When will the term structure of interest rates change? That's the question to be worried about.

I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.

When you think that it's too hard, remember that in the long run, doing the things that will make you successful is a lot easier than being unsuccessful

Radical transparency is critical to having an idea meritocracy because it shows what's actually happening without spin and prevents people from maneuvering politically behind each others' backs. It brings problems and weaknesses to the surface and allows people to see how they are dealt with, so it's great for training people on how to deal with real problems.