Co-Chief Investment Officer and Co-Chairman, Bridgewater Associates
Ray Dalio is the founder, Co-Chief Investment Officer and Co-Chairman of Bridgewater Associates, a global macroeconomic investment management firm and the largest hedge fund in the world. Ray started Bridgewater out of his two-bedroom apartment in New York in 1975 and under his guidance, has grown the firm into the 5th most important company in the U.S., according to Fortune Magazine, and has led it to make more money for clients than any other hedge fund since its inception, according to LCH Investments. Ray is also an acclaimed author, having made his literary debut in 2017 with New York Times #1 Bestseller Principles: Life & Work, which outlines his principles for work and life, the foundation of Bridgewater’s distinctive culture that strives to create “meaningful work and meaningful relationships through radical truth and radical transparency.” Ray attributes Bridgewater’s and his own personal success to the firm’s culture. In response to the success of Principles, in November 2019 Ray released Principles for Success, which distills the 600-page classic into an engaging and easy-to-read illustrated novel for those of all ages. In addition to the Principles series, in the fall of 2018 Ray and Bridgewater published Principles for Navigating Big Debt Crises, the first public dissemination of their research on these economic events, which enabled them to anticipate the 2008 Global Financial Crisis. Ray is currently working on his fourth book, which will outline his investment principles.