Ray Dalio is the founder and owner of Bridgewater Associates, the world's largest and most successful hedge fund manager. The firm manages approximately $160 billion in global investments for institutional clients including foreign governments and central banks, pension funds, university endowments and charitable foundations. The son of a jazz musician, Dalio began investing at the age of 12 when he bought shares of Northeast Airlines for $300, tripling his investment when the airline merged…
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