Ray Dalio

Ray Dalio is an American billionaire investor and hedge fund manager who founded Bridgewater Associates, an institution known for its innovative investment strategies and unique corporate culture. After earning his MBA from Harvard Business School in 1973, Ray Dalio founded Bridgewater Associates in 1975 from his New York City apartment. The firm initially focused on trading commodities before evolving into a wealth advisory entity, publishing daily research commentary known as “Bridgewater Daily Observations.” A significant milestone occurred in 1985 when the World Bank became Bridgewater’s first institutional fund client, entrusting the firm with a $5 million account. Under Dalio’s leadership, Bridgewater pioneered innovative investment strategies, launching the ‘Pure Alpha’ strategy in 1991 and the ‘All Weather’ fund in 1996, which introduced the industry to the concept of risk parity.

Remaining highly active in thought leadership and education, Dalio released ‘Principles for Dealing with the Changing World Order’ in 2021. He continues to mentor and share his extensive principles, notably through his online course, ‘Investment & Economic Principles.’ Looking ahead, Dalio is set to publish ‘How Countries Go Broke: The Big Cycle’ in 2025, the same year he will have sold his final shares in Bridgewater Associates, marking the culmination of his direct involvement with the firm he built.