Bridgewater’s Ray Dalio Offers Advice to the Everyman Investor

Ray Dalio, chairman of the world’s biggest hedge fund (Bridgewater Associates), recently shared his “best advice for the common investor” with Business Insider’s Henry Blodget. According to Dalio, the article says, most investors can’t compete with professionals and institutions that allocate huge sums of money each year in an effort to beat the market. Instead, argues Dalio, the common investor “should be building a diversified portfolio with assets that are balanced according to their risk rather than their dollar amounts.” Such a portfolio, says Dalio, should also be built to withstand different growth and inflation scenarios. Dalio recounted a portfolio […]

Ray Dalio Concerned About Rising Populism

In an effort to make sense of today’s political landscape, billionaire Ray Dalio recently published a paper examining the history of populism, according to a recent Bloomberg article. The paper concludes that “global populism will be an economic force more powerful than monetary and fiscal policies over the next year.” The founder of Bridgewater Associates argues that populism is now at its highest level since the late 1930s, and has created the Developed World Populism Index—a weighted index of “the share of votes received by anti-establishment parties or candidates in national elections for major developed countries since 1900.” According to […]

Mistakes from the Top Down

A couple of the investment world’s heavy-hitters have something to say about making mistakes. A fact of life which, according to a brief interview in Chief Investment Officer, is a “quality that unites the best-of-the-institutional-investing-best.” Ray Dalio, Co-CIO and Founder of Bridgewater Associates says “I’m a professional mistake-maker—one third of my trades are probably wrong.” Dalio say that humility comes from mess-ups and his philosophy is to find “the smartest people I know who disagree with me, and see the situation through their eyes.” His strategy is to uncover weaknesses and then confront them, an approach he nurtures in himself […]

Billionaire Ray Dalio Calls Himself a “Professional Mistake Maker”

It seems that being a billionaire doesn’t necessarily overshadow one’s humility. Ray Dalio runs Bridgewater Associates, the world’s biggest hedge fund, which he started in a two-bedroom apartment 40 years ago. According to a Forbe’s estimate, Dalio is worth around $15.6 billion, and his fund employs 1,500 people and manages about $150 billion in assets. In an interview with psychology professor Robert Kegan of Harvard University, however, the investment behemoth discussed how making mistakes and disagreement is part of his process. “Can we be straight with each other? Can we work it through? That’s the essence of it,” Dalio explains. […]

Tepper, Dalio, Gundlach on Opportunities and Risks in Today’s Market

Investment heavy weights, including David Tepper of Appaloosa Management and Ray Dalio of Bridgewater Associates recently shared their market insights with Forbes. Tepper’s view on the US market is that it trades at around fair value, but that it can “grind higher” barring any major outside event (i.e. a Brexit or something else). The most important thing facing investors right now, says Tepper, is the Federal Reserve. He believes the Fed will be very patient and let some inflation emerge before raising interests rates. William Conway, the billionaire co-founder and chief investment officer of the Carlyle Group, compares the US […]