Ray Dalio (2024)

FAQs

What are the core principles of Ray Dalio? ›

Ray Dalio warned the probability of a US civil war is as high as 40% — and said he might back Taylor Swift if she ran for president. "We are now on the brink," he told the Financial Times in a recent interview, raising the prospect of "much more turbulent times."

Dalio is a big proponent of diversification. He recommends diversifying across 15 or more uncorrelated assets to reduce the risk-to-return ratio. Uncorrelated assets do not move together, either directly or inversely.

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.

To Dalio, Chinese policymakers are able to “manage how to deal with political, geopolitical, nature, and technology forces well.” He has long nurtured relations with Chinese officials, expressed admiration for some of Beijing's economic policies and built business for his firm in China.

Dalio's philosophy on risk management is centered on diversification and balancing risk across different asset classes, rather than avoiding risk altogether.

Billionaire investor Ray Dalio says he's owning gold to hedge the risk of debt and inflation crises. Ray Dalio says he owns gold partly to hedge against debt and inflation risks. The legendary hedge fund founder cast another warning on rising debt balances around the world.

The two biggest barriers to good decision making are your ego and your blind spots. Together, they make it difficult for you to objectively see what is true about you and your circ*mstances and to make the best possible decisions by getting the most out of others.

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.

What is the Bridgewater controversy? ›

A former 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.

Dalio lives with his wife Barbara, a descendant of sculptor Gertrude Vanderbilt Whitney, in Greenwich, Connecticut.

This article dives deep into the core tenets of Dalio's philosophy, presented meticulously throughout his book, unraveling how he believes principles can significantly impact decision-making processes, relationships, and ultimately, one's path in life.

Net Worth Summary

The majority of Dalio's fortune is derived from his stake in closely held Bridgewater Associates, which administered about $97 billion in assets as of June 2023, according to a report in Pensions and Investments.

Our mission of understanding how the world's markets and economies work requires an extraordinary team, defined by the best individuals and the best portfolio of people, operating in an idea meritocracy, where we are uncompromising on our shared values of truth, integrity, determination, humility, and courage.

According to Dalio, the “Big Cycle” governs the rise and fall of empires, shaping currencies, markets, and global politics. It comprises three key cycles: the long-term debt and capital market cycle, the internal order and disorder cycle, and the external order and disorder cycle.

Dalio Education founded the Connecticut RISE Network as a nonprofit organization to facilitate improvement networks across schools and districts to ensure students graduate with a plan and the skills and confidence to achieve college and career success.

The philosophy of Bridgewater is such that individuals are held to the highest possible standards, and the goal is to get people to achieve far beyond their previous standards and expectations.