Ray Dalio
Ray Dalio (born in 1949 in Jackson Heights, Queens, New York, United States[1]) is an American businessman and founder of Bridgewater Associates.
Early Life and Education
The son of a jazz musician, Dalio began investing at age 12 when he bought shares of Northeast Airlines for $300 and tripled his investment after the airlines merged with another company.[2]
Dalio received a BA from Long Island University and an MBA from Harvard Business School. [2]
Career
After completing his education, Dalio worked on the floor of the New York Stock Exchange and invested in commodity futures.[2] He later worked as the Director of Commodities at Dominick & Dominick LLC. [3] In 1974, he became a futures trader and broker at Shearson Hayden Stone. [2] In 1975, he founded the investment management firm, Bridgewater Associates, and his investment advisory service has since attracted pension funds and now manages hundreds of millions of dollars. [2]
Personal
Dalio is a practitioner of the Transcendental Meditation technique and resides with his wife in Greenwich, CT.[4][5][2]According to The New Yorker he is the 55th richest businessman in the world, with a net worth of US$6 billion as of 2011.[6]
Notes
- ^ Cassidy, John (25 July 2011). "Mastering the Machine". The New Yorker. http://www.newyorker.com/reporting/2011/07/25/110725fa_fact_cassidy?printable=true¤tPage=all#ixzz1ShhRHYRm.
- ^ a b c d e f [1] New York Magazine, Pursuing Self-Interest in Harmony With the Laws of the Universe and Contributing to Evolution is Universally Rewarded, Kevin Roose, April 10 2011
- ^ Editors/Staff http://www.leadersmag.com/issues/2010.3_Jul/Shaping%20The%20Future/Ray-Dalio-Bridgewater-Associates-Interview-Principles.html Leaders Magazine. Volume 33, Number 3. 2010
- ^ Opalesque (8 January 2008). "Ray Dalio’s winning strategy". http://www.opalesque.com/fullarticle/41340/ray%20dalio/main_reason_reason470.html.
- ^ Comstock, Courtney (October 25, 2010). "Ray Dalio Is Too Modest To Admit He Returned 38% YTD Using Transcendental Meditation". Business Insider. http://www.businessinsider.com/ray-dalio-transcendental-meditation-david-lynch-2010-10.
- ^ Ray Dalio Forbes profile page Forbes.com. Retrieved April 2011.
External links
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Dalio, Ray |
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1949 |
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