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?
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
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