Just who is Ray Dalio – and what are his famous investing Principles?
4 mins
Born in 1949 in New York City, billionaire investor Ray Dalio is the founder and co-chair of Bridgewater Associates: looking after $160 billion worth of investments, both the world’s largest hedge fund and one of its most successful. The son of a jazz musician, Dalio early on exhibited greater monetary than musical chops. At the tender age of 12, he started working as a caddie on a golf course where a lot of the people often discussed stock trading. Inspired by this, he splashed his $300 savings on shares of Northeast Airlines, a now-defunct regional carrier. His investment eventually tripled when control of Northeast was acquired by legendary aviation mogul Howard Hughes. Dalio was clearly onto something 🤓
After graduating fro
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