Ray Dalio’s Investment Strategies (Life, Books and Philosophy)
Ray Dalio is one of the world’s most-known investors. Who is he? How does Ray Dalio invest? What is his famous All-Weather Portfolio? What are Ray Dalio’s investment strategies? These are some of the answers we answer in this article. At the end of the article, we have collected and assembled many quotes taken from his books and writings. Dalio has a great investment track record and is full of investment wisdom. Read and learn!
Who is Ray Dalio?
Raymond Thomson Dalio, best known as Ray Dalio, is an American billionaire investor and one of the top hedge fund managers. He is the founder and co-chief investment officer of the world’s largest hedge fund, Bridgewater Associates, which has about $154 billion in assets under management (AUM). He founded Bridgewater Associates in 1975 in New York and within 10 years it was infused with a $5 million investment from World Bank’s retirement fund. Presumably, over the last 28 years, Bridgewater has averaged 11.5% annually, which is a spectacular feat considering the large asset base.
Ray Dalio is known as one of the greatest innovators in the financial world. He coined and popularized many commonly used practices in the financial market such as risk parity, currency overlay, portable alpha, and global inflation-indexed bond management.
Because Dalio has a strong say in US’s financial policy, in 2012, Dalio appeared on Time’s annual list of the 100 most influential people in the world.
Moreover, Bloomberg Markets listed him as 50 most influential people in 2011 and 2012. Because he is well-respected and often asked for a comment on many topics, Dalio decided to write a book about his main philosophy in life. It was published in 2017 and is about corporate management and investment philosophy, and the turtle is Principles: Life & Work. It was on the New York Times bestseller list for a long time.