The Story of Ray Dalio

Ray Dalio is amongst the most talked about hedge fund managers in the world. When he speaks, people listen and when he takes action, others do too.

His methods have sometimes been criticised, but more often, they have been imitated and spurred on new approaches to investing and business. The way he runs his company has influenced how companies are run, even outside the financial services industry.

His company, Bridgewater Associates, has consistently been one of the largest hedge funds in the world. Over the decades Dalio has been in business, he has stayed ahead of the curve, truly understanding and anticipating the macro picture, while delivering consistently enviable returns for his investors.

This is a man that shaped the direction of an entire industry. This is his story.

Early Years

Raymond Dalio was born on August 1st 1949 in Queens, New York. His father was a jazz musician and his mother was a homemaker, Raymond was the only child.

Ray had a very close relationship with his mother who died when he was 19. His dad worked late hours, which meant he didn’t have a close relationship with him as a child. Dalio describes him as a reasonable man dealing with an unreasonable kid. They did, however, become close after his mother had died, and he admired his father’s…