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  • 6/7/2025
Transcript
00:00Yeah, I think I would say my primary word for him is he is driven.
00:07I think he's constantly trying to channel his drivenness into pragmatic things.
00:18What can I actually achieve?
00:20And one of the things I recount in the book is he wanted to deal with the economic troubles that the kingdom faced when his father and he took over.
00:35And one of them was a big budget deficit, and he wanted to reduce benefits.
00:43The country had a lot of so-called benefits that worker government workers got a benefit for typing or computer expertise or things like that so that they got more money without putting it in their base salary.
00:58And he cut those benefits, which cut the income to people significantly because his staff apparently told him it'll take some years to really figure out how to target those benefit cuts.
01:16And so he said, I'm going to cut the deficit.
01:18I'm going to focus on what I can do.
01:21That subsequently got reversed, but by his father restored the benefits.
01:27But to me, the important thing is his view is that if you face a problem, tackle it.
01:38Dallying will only make it worse.
01:42So if you – somebody advised me this when I became publisher of the journal.
01:48If you come to a fork in the road and you don't know what to do, take one, because if you have any intelligence and you're wrong, you'll run back and take the other.
01:59If you just stand there at the fork and suck your thumb, you know, you're in big trouble.
02:05And I think that's his view.
02:06You've got to act, not thoughtlessly act, but if you don't have all the data you need, you have to do the best you can.
02:14He's very data-driven.
02:16You can't.

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