Ray Dalio: why I recommend being a catalytic leader
Source: Fortune ·
The World Economic Forum provides a great example of catalytic leadership in action via its Global Accelerator for Earth Action (GAEA) initiative.
From the source
Catalytic leadership is the spark that lights the fire of much bigger changes. It comes from people working well together to bring influence, intelligence, financial resources and/or time to produce big double bottom line returns. By “double bottom line”, I mean investments that have positive returns both socially and financially. Being a catalytic leader is becoming more popular because more and more people who have a lot of capital are looking at what is happening in the world and facing the same question: what do you want to do to make it better? How we answer this question is mostly a function of our backgrounds, our objectives and the perspectives we have acquired along the way. In my case, I grew up in a lower-middle-class family in the U.S., believing it to be a land of opportunity, and fell in love with playing the markets when I was a child. Today, I have been a global macro investor for about 60 years and a philanthropist for about 30. When considering how to invest my…
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