Dalio is serenely convinced that the precepts he relies on in the markets can be applied to other aspects of life, such as career development and management.

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However well designed and implemented talent management strategies, including performance recognition, learning and development, career and succession management and appealing work environments, are stronger and enduring approaches.

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They could do worse by boning up on the subject by keeping up on Forbes Leadership and all we publish this week and every week on jobs, employment, career development, executive advancement, corporate management, strategy .

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He held senior account management and business development positions with leading global agencies during his 30 year career.

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Mr Engida, of Ethiopia, has had a distinguished international career in auditing and financial management for prominent international companies and also worked for the International Fund for Agricultural Development (IFAD) as Assistant Comptroller.

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