Ray Dalio: The world’s greatest investors
Investment legend Ray Dalio’s basic idea is to base investment decisions on macroeconomic analysis. Matthew Partridge explains.
Ray Dalio was born in 1949 in New York. He followed the stockmarket from an early age, making his first investment when he was 12. After getting a degree from Long Island University and an MBA from Harvard Business School, he worked on the floor of the New York Stock Exchange and various brokerage firms. Only two years after leaving Harvard, he founded Bridgewater Associates.
For its first 15 years Bridgewater was a consultancy, providing firms with advice on how to manage their exposure to currencies and interest rates. From 1990 it began to manage money directly, launching the Pure Alpha fund in 1991.
What was his strategy?
Did this work?
What was his best investment?
What other advice does he have for investors?
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