Which investment firm did Ray Dalio found?
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Bridgewater Associates
He started in 1975 from his two-room apartment.
💡 Did you know? Bridgewater became the largest hedge fund in the world.
9 questions · Economics
Ray Dalio, born in 1949, founded the investment firm Bridgewater Associates from his apartment in 1975 and turned it into the largest hedge fund in the world. His success rests on strict, often unusual principles and a culture of „radical transparency“, in which everyone may criticise everyone. He gathered these rules in his world bestseller „Principles“. Dalio also likes to explain the great cycles of economic history and why empires rise and fall. Good to know: He started in 1975 from his two-room apartment. Bridgewater became the largest hedge fund in the world. Bridgewater is regarded as the largest hedge fund in the world. Many hedge funds are based in Connecticut for its proximity to New York. In it he sets out his rules for life and leadership. The book sold in the millions. Everyone may openly criticise everyone: even the boss. Meetings are recorded and reviewed together. He sees recurring patterns across the centuries. From them he draws warnings for the present. The one-man operation became a global finance firm.
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Bridgewater Associates
He started in 1975 from his two-room apartment.
💡 Did you know? Bridgewater became the largest hedge fund in the world.
Connecticut
Bridgewater is regarded as the largest hedge fund in the world.
💡 Did you know? Many hedge funds are based in Connecticut for its proximity to New York.
Principles
In it he sets out his rules for life and leadership.
💡 Did you know? The book sold in the millions.
radical transparency
Everyone may openly criticise everyone: even the boss.
💡 Did you know? Meetings are recorded and reviewed together.
the rise and fall of empires
He sees recurring patterns across the centuries.
💡 Did you know? From them he draws warnings for the present.
from his apartment
The one-man operation became a global finance firm.
💡 Did you know? Dalio embodies the classic self-made rise.
diversification
He calls it the „holy grail“ of investing.
💡 Did you know? Spreading widely reduces the risk of big losses.
Harvard Business School
Two years later he founded Bridgewater from his New York flat.
💡 Did you know? He bought his first shares at the age of twelve.
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Ray Dalio
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