Ray Dalio — Bridgewater Associates (2024)

A global macro investor for more than 50 years, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in NYC and ran it for most of its 47 years, building it into the largest hedge fund in the world and the fifth most important private company in the US according to FortuneMagazine.

His investment innovations (e.g., risk parity, alpha overlay, and All Weather) changed the way global institutions approach investing, and he has received several lifetime achievement awards. Over the decades he has been a valued macroeconomic advisor to many policy makers around the world. Because of the impact his thinking has had on global macroeconomic policies, he was named by TIME magazine as one of the “100 Most Influential People in the World.” Today, Ray remains an investor and mentor at Bridgewater and serves on its board. He is also the #1 New York Times bestselling author of Principles: Life and Work, Principles for Dealing with the Changing World Order, and Principles for Navigating Big Debt Crises.

Ray graduated with a BS in Finance from C.W. Post College in 1971 and earned an MBA degree from Harvard Business School in 1973. He has been married to his wife, Barbara, for more than 40 years and has three grown sons and five grandchildren. He is an active philanthropist with special interests in ocean exploration and helping to rectify the absence of equal opportunity in education, healthcare, and finance.

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Ray Dalio — Bridgewater Associates (2024)

FAQs

What is the average return for Bridgewater Associates? ›

What was Bridgewater Associates, LP's average return in the last 12 months? Bridgewater Associates, LP's average return in the last 12 months was 18.78%. What was Bridgewater Associates, LP's average return in the last 3 years? Bridgewater Associates, LP's average return in the last 3 years was 9.22%.

What percentage of Bridgewater Associates does Ray Dalio own? ›

Dalio said in a June 28, 2018 interview on Bloomberg Television that he owned "less than half" of Bridgewater, and was credited with 49% of the firm. In September 2022 he transferred all of his voting rights to the board of directors and retired as co-CIO.

How prestigious are Bridgewater Associates? ›

In the realm of hedge funds and investment management, few names command as much respect and intrigue as Bridgewater Associates, LP. Renowned for its innovative approaches to investing and risk management, Bridgewater has carved out a unique niche in the financial world.

How long does it take to read principles by Ray Dalio? ›

Ray Dalio 3 Books Collection Set (Principles Life and Work [Hardcover], Principles for Success [Hardcover], Principles for Navigating Big Debt Crises) The average reader will spend 7 hours and 36 minutes reading this book at 250 WPM (words per minute).

How much money do you need to invest in Bridgewater? ›

It provides services through both managed accounts and commingled fund vehicles. The firm does not have any individual clients. It generally requires clients to have a minimum of $7.5 billion of investable assets.

Which hedge fund has the highest return? ›

One of the most profitable hedge funds of all times, Citadel generated $16 billion in profits for its investors in 2022, and earned $65.9 billion in net gains since 1990, making it the top-earning hedge fund ever.

What is the Bridgewater controversy? ›

Bridgewater Hit With Second Favoritism Claim Over CEO's Romance. An ex-partner at Bridgewater Associates accused the world's largest hedge fund of favoritism as well as age and sex discrimination, the second such complaint from a senior executive in recent months.

What was Ray Dalio's famous quote? ›

He who lives by the crystal ball will eat shattered glass.

What degree does Ray Dalio have? ›

Ray graduated with a BS in Finance from C.W. Post College in 1971 and earned an MBA degree from Harvard Business School in 1973.

Does Bridgewater Associates pay well? ›

Bridgewater Associates Salary FAQs

The average Bridgewater Associates hourly pay ranges from approximately $22 per hour (estimate) for a Line Cook/Prep Cook to $109 per hour (estimate) for a Portfolio Manager. Bridgewater Associates employees rate the overall compensation and benefits package 4.3/5 stars.

What is unique about Bridgewater Associates? ›

Our culture of meaningful work and meaningful relationships, and radical truth and radical transparency makes working at Bridgewater a unique place for personal and professional growth.

Who are Bridgewater Associates clients? ›

The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks.

What did Ray Dalio study at Harvard? ›

Dalio was born in New York City and attended C.W. Post College of Long Island University before receiving an MBA from Harvard Business School in 1973. Two years later Dalio launched Bridgewater. In 2013, Bridgewater was listed as the largest hedge fund in the world.

What kind of meditation does Ray Dalio use? ›

I practice Transcendental Meditation and believe that it has enhanced my open-mindedness, higher-level perspective, equanimity, and creativity.

Was Ray Dalio a good student? ›

Free at last to choose his own courses and follow his own interests, Dalio blossomed academically. With his excellent academic record in college, he won admission to Harvard Business School. In the summer of 1971, between college and graduate school, he worked as a clerk on the floor of the New York Stock Exchange.

What is the return on investment for Bridgewater Associates? ›

During COVID-19 pandemic Bridgewater Associates bet against European companies. In January 2021 losses for 2020 amounted to $12.1 billion. In December 2021, after 11 months in the doldrums, Bridgewater posted a 7.8% return providing the firm at the close of the year with its best annual performance since 2018.

What is considered a good return for a hedge fund? ›

The average annual return on investment for investors in a typical hedge fund is around 8 - 10 % . This can vary depending on the specific fund and market conditions , but historically , hedge funds have outperformed other types of investments such as stocks and bonds .

How much does a portfolio associate make at Bridgewater Associates? ›

The average Portfolio Associate base salary at Bridgewater Associates is $118K per year.

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