The most believable opinions are those of people who 1) have repeatedly and successfully accomplished the thing in question, and 2) have demonstrated that they can logically explain the cause-effect relationships behind their conclusions. When believability weighting is done correctly and consistently, it is the fairest and the most effective decision-making system. It not only produces the best outcomes but also preserves alignment, since even people who disagree with the decision will be able to get behind it.
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Assess believability by systematically capturing people’s track records over time. Every day is not a new day. Over time, a body of evidence builds up, showing which people can be relied on and which cannot. Track records matter, and at Bridgewater tools such as Baseball Cards and the Dot Collector make everyone’s track records available for scrutiny.
There is an inward state of the heart which makes truth credible the moment it is stated. It is credible to some men because of what they are. Love is credible to a loving heart; purity is credible to a pure mind; life is credible to a spirit in which life beats strongly — it is incredible to other men.
The category of being beyond reasonable doubt is illustrated by the proposition that the building in which I now find myself will be here tomorrow. The proposition is not evident. But for me—and I hope that for others— the proposition is such that believing it is more justified than withholding it.
Obviously there are some true propositions which are such that we are more justified in believing them than in withholding them. Are there also false propositions which we are more justified in believing than in withholding? We will find that this may well be true. Or, more exactly, we will find that, if philosophical skepticism is false, and if, as a matter of fact, we do know many of the things about the world that we now think we know, then it is quite possible that some false propositions are such that it is more reasonable for us to believe those propositions than it is for us to withhold them.
If you stumble over mere believability, what are you living for? Love is hard to believe, ask any lover. Life is hard to believe, ask any scientist. God is hard to believe, ask any believer. What is your problem with hard to believe? Reason is excellent for getting food, clothing and shelter. Reason is the very best tool kit. Nothing beats reason for keeping tigers away. But be excessively reasonable and you risk throwing out the universe with the bathwater
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