Ray Dalio: Madness, Genius, and the Call for Adventure
00:00:00.000 | - You're always at the edge of the set of principles
00:00:03.720 | you've developed, you're doing new things always.
00:00:06.000 | - Right.
00:00:06.840 | - That's where the intellect is needed.
00:00:08.360 | - Well, and the inspiration.
00:00:10.640 | The inspiration is needed to do that, right?
00:00:13.640 | Like, what are you doing it for?
00:00:15.280 | It's the excitement. - So what is that thing?
00:00:17.000 | What is that thing?
00:00:17.840 | - The adventure, the curiosity, the hunger.
00:00:19.800 | - What's, if you can be Freud for a second,
00:00:22.760 | what's in that subconscious?
00:00:24.800 | What's the thing that drives us?
00:00:27.040 | - I think you can't generalize of us.
00:00:30.040 | I think different people are driven by different things.
00:00:32.660 | There's not a common one, right?
00:00:34.840 | So, like if you would take the shapers,
00:00:38.000 | I think it is a combination of subliminally,
00:00:43.000 | it's a combination of excitement, curiosity.
00:00:48.080 | - Is there a dark element there?
00:00:50.000 | Is there demons, is there fears?
00:00:52.860 | Is there, in your sense, something dark that drives them?
00:00:56.000 | - Most of the ones that I'm dealing with,
00:00:58.000 | I have not seen that.
00:00:59.800 | I see the, what I really see is,
00:01:03.320 | whoo, if I can do that, that would be the most dream.
00:01:07.760 | And then the act of creativity, and you say, ooh.
00:01:11.480 | So excitement is one of the things.
00:01:14.280 | Curiosity is a big pull, okay?
00:01:18.040 | And then tenacity, you know, okay, to do those things.
00:01:21.840 | But definitely, emotions are entering into it.
00:01:25.440 | Then there's an intellectual component of it, too, okay?
00:01:28.800 | It may be empathy.
00:01:31.160 | Can I have an impact?
00:01:32.840 | Can I have an impact?
00:01:34.080 | The desire to have an impact, that's an emotional thrill.
00:01:38.320 | But it also has empathy.
00:01:40.360 | And then you start to see spirituality.
00:01:42.840 | By spirituality, I mean the connectedness to the whole.
00:01:46.060 | You start to see people operate those things.
00:01:48.440 | Those tend to be the things that you see the most of.
00:01:52.440 | - And I think you're gonna shut down this idea completely,
00:01:55.560 | but there's a notion that some of these shapers
00:01:59.640 | really walk the line between sort of madness and genius.
00:02:03.560 | Do you think madness has a role in any of this?
00:02:07.040 | Or do you still see Steve Jobs and Elon Musk
00:02:10.360 | as fundamentally rational?
00:02:12.240 | - Yeah, there's a continuum there.
00:02:14.000 | And what comes to my mind is that
00:02:17.800 | genius is often at the edge,
00:02:22.800 | in some cases, imaginary genius,
00:02:26.520 | is at the edge of insanity.
00:02:30.280 | And it's almost like a radio that I think,
00:02:32.920 | okay, if I can tune it just right, it's playing right.
00:02:36.760 | But if I go a little bit too far, it goes off, okay?
00:02:41.760 | And so you can see this.
00:02:44.780 | Kay Jamison was studying bipolar.
00:02:47.400 | What it shows is that that's definitely the case,
00:02:52.040 | 'cause when you're going out there,
00:02:53.640 | that imagination, whatever,
00:02:55.520 | is at the, can be near the edge sometimes.
00:02:59.040 | Doesn't have to always be.
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