- Name: Ray Dalio
- Born: 08/08/1949 (71 years old)
- Occupation: Hedge fund manager
- Known for: Founder of Bridgewater Associates
Raymond Thomas Dalio (born August 8, 1949) is an American billionaire hedge fund manager and philanthropist who has served as co-chief investment officer of Bridgewater Associates since 1985. He founded Bridgewater in 1975 in New York. Within ten years, it was infused with a US$5 million investment from the World Bank’s retirement fund.
Birth Name: Raymond Thomas Dalio
Alias: Raymond Thomas Dalio
Birth Place: New York City, New York, U.S.
Ray Dalio quotes :
There is slow growth, but it is positive slow growth. At the same time, ratios of debt-to-incomes go down. That's a beautiful deleveraging.Ray Dalio
Competitiveness is really what it costs you per man-hour to get you what you want. In other words, there's an education level that plays into the mix and so if it's inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in.Ray Dalio
It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow.Ray Dalio
I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.Ray Dalio